H.R. 4784 · 118th Congress
Private Loan Disability Discharge Act of 2023
- Stage
- In committee
- Sponsor
- Madeleine Dean
- Introduced
- 2023-07-20
- Latest action
- 2023-07-20 · Introduced in House
Summary
Private Loan Disability Discharge Act of 2023
This bill directs the holder of a private education loan to discharge the loan balance for both the borrower and any cosigner in the event of total and permanent disability of the borrower. The bill also extends indefinitely the exclusion of student loan debt discharge from gross income for federal income tax purposes.