HR 2366 to Discharge Student Loans in Bankruptcy Has Nearly Zero Chance of Passing

HR 2366 was a bill introduced in the House of Representatives in May of 2017 in an effort to restore the dischargeability of student loans in bankruptcy. While some say it is a bipartisan effort it actually has 25 cosponsors of which only one is a Republican.

The bill is similar to a bill proposed in 2015 that went nowhere.

I checked on the current status of the bill and as of today it has a four percent chance of passing. But given the current attack on student loan debtors by the current administration I’d give it a zero percent chance of passing in the current climate where all sorts of protections are being rolled back to protect student loan debtors.

Steve Rhode
See also  Federal School Code List 2014-2015

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