Summary: H.R.449 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.449. Bill summaries are authored by CRS.

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Introduced in House (01/21/2015)

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.)