; (2) by inserting after section 140 the following: 140A. Sale of private education loans to the Government (a) In general The Bureau shall issue regulations to require a private education lender to sell an eligible private education loan to the Secretary of Education, upon request of the Secretary, for purposes of consolidating such loan, as described under section 455(g)(2) of the Higher Education Act of 1965. (b) Determination of price The price paid for a private education loan under subsection (a) shall— (1) include the amount of outstanding principal on the loan, the amount of accrued interest on the loan, and any fees or other costs owed by the consumer on the loan; and (2) be adjusted to account for the time value of such amount. (c) Definitions For purposes of this section: (1) Eligible private education loan The term eligible private education loan means a private education loan, as defined under section 140(a), made on or before the date of enactment of the Student Loan Fairness Act. (2) Private education lender The term private education lender has the meaning given such term under section 140(a). ; and (3) in the table of contents for such chapter— (A) by redesignating the item relating to section 140A as item 140B; and (B) by inserting after the item relating to section 140 the following: 140A. Sale of private education loans to the Government. . (c) Conforming amendment Section 428C(a)(3)(B)(i)(V) of the Higher Education Act of 1965 ( 20 U.S.C. 1078–3(a)(3)(B)(i)(V) ) is amended— (1) by striking or at the end of item (bb); (2) by striking the period at the end of item (cc) and inserting ; or