S. 1102 · 112th Congress
Fairness for Struggling Students Act of 2011
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
DurbinSponsor6 cosponsors · 6 D
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Amends federal bankruptcy law to make privately issued student loans dischargeable in bankruptcy. Under current law, student loans (whether issued privately or by a governmental unit) are dischargeable only if excepting the loans from dischargeability would impose undue hardship on the debtor and the debtor's dependents.
What it does: CRS summary · Introduced in Senate · May 26, 2011
Fairness for Struggling Students Act of 2011
Amends federal bankruptcy law to make privately issued student loans dischargeable in bankruptcy. Under current law, student loans (whether issued privately or by a governmental unit) are dischargeable only if excepting the loans from dischargeability would impose undue hardship on the debtor and the debtor's dependents.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Fairness for Struggling Students Act of 2011
Latest action (Mar 20, 2012): Committee on the Judiciary Senate Subcommittee on Administrative Oversight and the Courts. Hearings held. With printed Hearing: S.Hrg. 112-899.
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: May 26, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.