STATUTE OF LIMITATIONS AND STATE COURT JUDGMENTS.

SEC. 486. STATUTE OF LIMITATIONS AND STATE COURT JUDGMENTS. Section 484A (20 U.S.C. 1091a) is amended—(1) in subsection (b)—(A) in paragraph (1), by striking “and” after the semicolon;(B) in paragraph (2), by striking the period and inserting “; and”; and(C) by adding at the end the following:“(3) in collecting any obligation arising from a loan made under part E, an institution of higher education that has an agreement with the Secretary pursuant to section 463(a) shall not be subject to a defense raised by any borrower based on a claim of infancy.”; and(2) by adding at the end the following:“(d) Special Rule.—This section shall not apply in the case of a student who is deceased, or to a deceased student’s estate or the estate of such student’s family. If a student is deceased, then the student’s estate or the estate of the student’s family shall not be required to repay any financial assistance under this title, including interest paid on the student’s behalf, collection costs, or other charges specified in this title.”.