Private Student Loan Bankruptcy Fairness Act of 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.

Full text and official record on Congress.gov

Sponsors

• Steve Cohen Democrat sponsor
• 4 cosponsors