Administrative State, Regulatory Reform, and Antitrust Subcommittee, Judiciary Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Relief from Excessive Debt Act or the RED Act This bill permits a borrower to discharge in bankruptcy a nonprofit, government, or private student loan, or an obligation to repay an educational benefit, scholarship, or stipend.
BankruptcyHigher educationStudent aid and college costs
RED Act
USA116th CongressHR-4750| House
| Updated: 11/15/2019
Relief from Excessive Debt Act or the RED Act This bill permits a borrower to discharge in bankruptcy a nonprofit, government, or private student loan, or an obligation to repay an educational benefit, scholarship, or stipend.