Senate Bill Would Allow Borrowers to Discharge Private Student Loans Through Bankruptcy

By KELLY FIELD

Fred J. Konopasek was fresh out of college and working for a car-rental company in 2003 when he was attacked in his sleep by his girlfriend's angry ex-boyfriend. The attack left him with a concussion, two black eyes, and more than $10,000 in medical bills.

Uninsured, and unable to...