; and (B) the private educational lender with respect to, or the servicer of, the private education loan, as applicable, shall, upon notification of the death, disability, or inability to engage in any substantial gainful activity, discharge the liability of the borrower, estate of the borrower, and any cosigner of the private education loan. (4) Cosigner release (A) Requirements for automatic release of cosigner (i) Criteria established by the Bureau Not later than 180 days after the date of enactment of this subsection, the Bureau shall establish criteria, which, if met by the borrower of a private education loan, shall require the private educational lender with respect to, or servicer of, the private education loan, as applicable, to promptly release any cosigner from the obligations of the cosigner under the loan without requiring any action on behalf of the borrower. (ii) Criteria established by lender A private educational lender may establish criteria for automatic release that are different from the criteria described in clause (i) if the criteria established by the lender are not more restrictive with respect to the borrower or any cosigner of the private education loan than the criteria established under clause (i). (B) Disclosure of criteria for cosigner release A private educational lender shall— (i) include in the promissory note of a private education loan the criteria under which a cosigner may be released from the obligation of the cosigner under a private education loan under this paragraph