II 110th CONGRESS 1st Session S. 1561 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.

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..