Student Loan Borrowers Would Get Bankruptcy Relief Under New Bill

Maria Perez
May 24, 2019 - 5:00
Student Loan Borrowers Would Get Bankruptcy Relief Under New Bill

Lawmakers are introducing a bill that would allow people with student loan debt the option of making bankruptcy relief available. The bicameral Student Borrower Bankruptcy Relief Act of 2019 was introduced by Senators Dick Durbin (D-Ill.) and Elizabeth Warren (D-Mass.), Representatives John Katko (R-N.Y.) and Joe Neguse (D-Colo.), and House Judiciary Committee Chairman Jerrold Nadler (D-N.Y.) on May 9. Most forms of debt, like credit card and medical debt, can be discharged through the bankruptcy process, but student loans cannot, a

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One Reply to “Student Loan Borrowers Would Get Bankruptcy Relief Under New Bill”

  1. Student debt makes me feel like I am drowning without no one or nothing to save me. I hope and pray every day that something will happen to help me get this paid. I feel like I am trapped with no way out.

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