A bill to restore fairness in the student loan industry by allowing private student loans to be discharged in bankruptcy was introduced in both the Senate and the House this week.
This is great news, and it means our elected leaders are listening to us.
The bill still has to go through the process to become law. It must pass in either the Senate or the House by a vote, then be signed by the President to become law.
Check out Senator Durbin's page for more details.
Please call or write your Senators and Representatives and tell them to support this bill!
Scroll to the bottom of this page to see the real-time progress of the bills.
Saturday, April 17, 2010
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