Summary: H.R.1674 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.1674. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (03/26/2015)

Private Student Loan Bankruptcy Fairness Act of 2015

Amends the federal bankruptcy code to limit the non-dischargeability, except in cases of undue hardship, of educational loans to those made, insured, or guaranteed by a governmental unit, or made under any program funded by a governmental unit or any program for which substantially all of the funds are provided by a nonprofit institution (thus allowing the discharge of private educational loan indebtedness without the need to show an undue hardship).