US Congress Senate Bill 3219 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on April 15 2010 - 25% progression, died in chamber
Action: 2010-04-15 - Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S2388-2389)
Text: Latest bill text (Introduced) [PDF]

Fairness for Struggling Students Act of 2010 - Revises federal bankruptcy law with respect to the exemption from the exception to discharge in bankruptcy for certain educational loans if excepting such debt from discharge would impose an undue hardship on the debtor and debtor's dependents. Limits such exemption to the existing ones for: (1) an educational benefit overpayment or loan made, insured, or guaranteed by a governmental unit or made under any program funded in whole or in part by a governmental unit; and (2) an obligation to repay funds received from a governmental unit as an educational benefit, scholarship, or stipend. Repeals the current exemption for: (1) any loan made under any program funded in whole or in part by a governmental unit or nonprofit institution; and (2) any other qualified education loan incurred by an individual debtor on behalf of the taxpayer, the taxpayer's spouse, or any dependent, including indebtedness used to refinance a qualified education loan. (Thus makes both kinds of loans nondischargeable in bankruptcy.)

Fairness for Struggling Students Act of 2010

Sen. Richard Durbin [D-IL]

Sen. Russell Feingold [D-WI]

Sen. Al Franken [D-MN]

Sen. Sheldon Whitehouse [D-RI]

Date	Chamber	Action
2010-04-15		Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S2388-2389)
2010-04-15		Sponsor introductory remarks on measure. (CR S2388)

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/senate-bill/3219/all-info
Text	https://www.congress.gov/111/bills/s3219/BILLS-111s3219is.pdf