[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[S. 1561 Introduced in Senate (IS)]







110th CONGRESS
  1st Session
                                S. 1561

 To amend title 11, United States Code, with respect to exceptions to 
    discharge in bankruptcy for certain qualified educational loans.


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                   IN THE SENATE OF THE UNITED STATES

                              June 7, 2007

  Mr. Durbin introduced the following bill; which was read twice and 
               referred to the Committee on the Judiciary

_______________________________________________________________________

                                 A BILL


 
 To amend title 11, United States Code, with respect to exceptions to 
    discharge in bankruptcy for certain qualified educational loans.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. DISCHARGE IN BANKRUPTCY FOR CERTAIN EDUCATIONAL LOANS.

    Section 523(a)(8) of title 11, United States Code, is amended by 
striking ``dependents, for'' and all that follows through subparagraph 
(B) and inserting ``dependents, for an educational benefit overpayment 
or loan made, insured, or guaranteed by a governmental unit, or an 
obligation to repay funds received from a governmental unit as an 
educational benefit, scholarship, or stipend.''.
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