Sen. Coons' Stop Taxing Death and Disability Act exempts from income tax federal and private student loans that are discharged due to the death of a child or total and permanent disability.

A bipartisan group of federal lawmakers including Sen. Chris Coons (D-Del.) have insisted that Education Secretary Betsy DeVos forgive student loans taken out by parents in cases where the student subsequently experiences a “total and permanent” disability. This follows the passage of the Stop Taxing Death and Disability Act, cosponsored by Coons, which eliminated taxes on student loans forgiven in the cases of the student’s disability or death.