U.S. Congress - S.1102 Fairness for Struggling Students Act of 2011
S.1102 - Fairness for Struggling Students Act of 2011
A bill to amend title 11, United States Code, with respect to certain exceptions to discharge in bankruptcy. view all titles (2)
All Bill Titles
- Official: A bill to amend title 11, United States Code, with respect to certain exceptions to discharge in bankruptcy. as introduced.
- Short: Fairness for Struggling Students Act of 2011 as introduced.
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Official Summary
5/26/2011--Introduced.Fairness for Struggling Students Act of 2011 - 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 aOfficial Summary
5/26/2011--Introduced.Fairness for Struggling Students Act of 2011 - 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.)
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Organizations Supporting S.1102
- American Association of State Colleges and Universities
- American Association of University Women
- National Association of Student Financial Aid Administrators
- National Association of Consumer Bankruptcy Attorneys
- American Association of Collegiate Registrars and Admissions Officers
- American Council on Education
- ...and 31 more. See all.
Organizations Opposing S.1102
- None via MapLight at this time.
Latest Letters to Congress
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S.1102 Fairness for Struggling Students Act of 2011
driverx1978
August 06, 2012
I am writing as your constituent in the 11th Congressional district of Illinois. I support S.1102 - Fairness for Struggling Students Act of 2011, and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
Sincerely,
Alexander Brooks -
S.1102 Fairness for Struggling Students Act of 2011
elee821
July 05, 2012
I am writing as your constituent in the 8th Congressional district of Virginia. I support S.1102 - Fairness for Struggling Students Act of 2011, and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
Sincerely,
Erica Lee -
S.1102 Fairness for Struggling Students Act of 2011
franksinwein
May 23, 2012
I support S.1102 - Fairness for Struggling Students Act of 2011, and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
Why is it that the American taxpayer bails out big business to the tune of Trillions, but when it comes to the American people their own tax payer dollars are not assisting in a bail out for them in any way shape or form? Why is it that fly by night corporations can go bankrupt at the tune of millions, the...
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