; (2) by striking the period at the end of item (cc) and inserting ; or ; and (3) by adding at the end the following: (dd) for the purpose of consolidating an eligible private education loan under section 455(g)(2), whether such loan is consolidated alone, with other eligible private education loans, or with loans described in paragraph (4). . 8. Interest-free deferment of unsubsidized loans during periods of unemployment (a) FFEL Unsubsidized loan deferment (1) Section 428H(e)(2) of the Higher Education Act of 1965 ( 20 U.S.C. 1078–8(e)(2) ) is amended— (A) in subparagraph (A), by striking Interest on and inserting Except as provided in subparagraph (C), interest on ; and (B) by adding at the end the following: (C) Interest on loans made under this section for which payments are deferred under clause (ii) of section 428(b)(1)(M), for a period of deferment granted to a borrower on or after the date of enactment of the Student Loan Fairness Act , shall accrue and be paid by the Secretary during any period during which loans are so deferred, not in excess of 3 years. . (2) Conforming amendment Section 428(b)(1)(Y)(iii) of the Higher Education Act of 1965 ( 20 U.S.C. 1078(b)(1)(Y)(iii) ) is amended by inserting (other than a deferment under clause (ii) of such subparagraph on or after the date of enactment of the Student Loan Fairness Act ) after of this paragraph . (b) Direct Unsubsidized loan deferment Section 455(f)(1) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(f)(1) ) is amended— (1) in subparagraph (A)— (A) by striking or at the end of clause (i); and (B) by adding at the end the following: (iii) a Federal Direct Unsubsidized Stafford Loan, with respect to a period of deferment described in subparagraph (B) of paragraph (2) granted to a borrower on or after the date of enactment of the Student Loan Fairness Act ; or