Senate Judiciary Committee Hearing on Student Loans and Act Introduced by Senators Durbin and Cornyn

by William Houston Brown, Adviser, Academy for Consumer Bankruptcy Education, Inc.

The Senate Judiciary Committee held a hearing on August 3, 2021, on student loans, and during the Committee hearing, Senator Durbin, Chair of the Committee, stated that he would be introducing an Act to amend student loan discharge provisions in the Bankruptcy Code. That Act was subsequently introduced by Senators Durbin and Cornyn, called “Fostering Responsible Education Starts with Helping Students Through Accountability, Relief, and Taxpayer Protection Through Bankruptcy Act of 2021,” or alternatively “FRESH START Through Bankruptcy Act.” The long title indicates that the proposal is . . .

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