H.R. 449 · 114th Congress

Discharge Student Loans in Bankruptcy Act of 2015

Stage
In committee
Introduced
2015-01-21
Latest action
2015-02-05 · Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Summary

Discharge Student Loans in Bankruptcy Act of 2015

Amends the federal bankruptcy code to allow the discharge in bankruptcy of an educational loan or an obligation to repay funds received as an educational benefit, scholarship, or stipend. (Currently, those debts are dischargeable only if excepting them from discharge would impose an undue hardship on the debtor and the debtor's dependents.)