H.R. 423: Private Student Loan Bankruptcy Fairness Act of 2025

H.R. 423 is a federal bill in the 119th Congress. Currently, individuals can only have their student loans, including private ones, discharged in bankruptcy if they can prove that repaying the loan would cause them "undue hardship," a high legal bar. This bill changes that for private student loans,… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.