A bill to amend the Internal Revenue Code of 1954 to exclude from gross income the amount of certain cancellations of indebtedness under student loan programs.

[AI summary unavailable — showing source text] Excludes from gross income under the Internal Revenue Code any amount of a student loan indebtedness which has been discharged, if such discharge was pursuant to a provision permitting such discharge, if such individual worked in specified professions or specified geographical regions.…