Private Student Loan Bankruptcy Fairness Act of 2025

Sponsored byRep. Cohen, Steve [D-TN-9]TN· Introduced 15 janvier 2025

Open on Congress.gov

Cosponsors

Actions

Amendments

Committees

—

Since introduced

Introduced

Committee

Passed Chamber

Passed Both

Enacted

Step 1 of 0

Latest action

Referred to the House Committee on the Judiciary.

15 janvier 2025·1 year ago

Summary

Introduced in House · Updated 28 mars 2025

Private Student Loan Bankruptcy Fairness Act of 2025

This bill modifies the treatment of certain student loans in bankruptcy.

Specifically, it allows private student loans to be discharged in bankruptcy regardless of whether a debtor demonstrates undue hardship. Under current law, student loans may be discharged in bankruptcy only if the loans impose an undue hardship on the debtor.

Timeline

3 actions

Referred to the House Committee on the Judiciary.
15 janvier 2025 · IntroReferral
Introduced in House
15 janvier 2025 · IntroReferral
Introduced in House
15 janvier 2025 · IntroReferral

Sponsorship

5 cosponsors

Sponsor

Rep. Cohen, Steve [D-TN-9]TN

Cosponsors

Democrat5100%

Democrat:Rep. Khanna, Ro [D-CA-17]CA
Democrat:Rep. Davis, Danny K. [D-IL-7]IL
Democrat:Rep. Brownley, Julia [D-CA-26]CA
Democrat:Rep. Moore, Gwen [D-WI-4]WI
Democrat:Rep. Swalwell, Eric [D-CA-14]CA

Classification

Policy area

Finance and Financial Sector

Committees

Judiciary Committee
House · Standing
- Referred To15 Jan 2025

Cosponsor momentum

Cumulative over time

Track Private Student Loan Bankruptcy Fairness Act of 2025 as it moves through Congress