After the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), both federal and private student loans are not discharged during bankruptcy (prior to the passage of this bill, only federal student loans were unable to be discharged). This provided a credit risk free loan for the lender, averaging 7 percent a year. In January 2013, the "Fairness for Struggling Students Act" was unveiled. This bill, if passed, would have allowed private student loans to be discharged in bankruptcy. The bill was referred to the Senate Judiciary Committee where it died.