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Student Debt-Related Bill Introduced

David Goch, Washington Legislative Counsel | January 29, 2013

On January 23, Sen. Richard Durbin (D.-Ill.) introduced S. 114, the Fairness for Struggling Students Act of 2013, a bill that would restore the Bankruptcy Code’s pre-2005 treatment of private student loans by making them dischargeable in bankruptcy.

The bill was previously introduced as S. 1102. A hearing was heard on the original bill in the 112th Congress before the Senate Judiciary Subcommittee on Administrative Oversight and the Courts.

Full text of the press release about the bill is available at: http://durbin.senate.gov/public/index.cfm/pressreleases?ID=adad47a3-9b82-4c46-b971-57bb9dc11044.

 


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