Amendment extends the nondischargeability of student loans to loans extended by private lenders with certain exceptions made for undue hardships.

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Amendment Number
58
Description
Amendment extends the nondischargeability of student loans to loans extended by private lenders with certain exceptions made for undue hardships.
Purpose
An amendment to prohibit the discharge of all qualified education loans, rather than just federally made, guaranteed or insured education loans, and to include an exception for undue hardships.
Congress
106
Type
HAMDT
Latest Action Date
May 5, 1999
Latest Action Text
On agreeing to the Graham amendment (A005) as modified Agreed to by voice vote.
Latest Action Time
14:40:38
Submitted Date
May 5, 1999
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 58 — Informed