To amend title 11 of the United States Code to modify the circumstances under current law to allow an individual debtor to discharge certain educational loans and educational benefits received by the debtor more than 5 years before the commencement of the bankruptcy case under such title.
Administrative State, Regulatory Reform, and Antitrust Subcommittee, Judiciary Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Student Loan Bankruptcy Act of 2018 This bill allows a student loan to be discharged in bankruptcy, without proving undue hardship, if the loan first became due more than five years before the bankruptcy filing.
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Timeline
Introduced in House
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Referred to the House Committee on the Judiciary.
Sponsor introductory remarks on measure. (CR E1092-1093)
Introduced in House
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Referred to the House Committee on the Judiciary.
Sponsor introductory remarks on measure. (CR E1092-1093)
Finance and Financial Sector
BankruptcyHigher educationStudent aid and college costs
To amend title 11 of the United States Code to modify the circumstances under current law to allow an individual debtor to discharge certain educational loans and educational benefits received by the debtor more than 5 years before the commencement of the bankruptcy case under such title.
USA115th CongressHR-6588| House
| Updated: 7/26/2018
Student Loan Bankruptcy Act of 2018 This bill allows a student loan to be discharged in bankruptcy, without proving undue hardship, if the loan first became due more than five years before the bankruptcy filing.