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H.R. 3450 · 114th Congress

Student Debt Repayment Fairness Act of 2015

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

Amends the Truth in Lending Act to prohibit a private educational lender from accelerating the repayment terms of the outstanding obligation of a borrower in good standing with respect to a particular private education loan if a cosigner jointly liable on the loan is unable to fulfill any obligations with respect to it by reason of death or disability.

What it does: CRS summary · Introduced in House · Sep 8, 2015

Student Debt Repayment Fairness Act of 2015

Amends the Truth in Lending Act to prohibit a private educational lender from accelerating the repayment terms of the outstanding obligation of a borrower in good standing with respect to a particular private education loan if a cosigner jointly liable on the loan is unable to fulfill any obligations with respect to it by reason of death or disability.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Student Debt Repayment Fairness Act of 2015

Latest action (Sep 8, 2015): Referred to the House Committee on Financial Services.

Policy area: Education · Origin: House · Introduced: Sep 8, 2015

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.