private education loan
(8) the term “private education loan”— (A) means a loan provided by a private educational lender that— (i) is not made, insured, or guaranteed under of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070 et seq.); and (ii) is issued expressly for postsecondary educational expenses to a borrower, regardless of whether the loan is provided through the educational institution that the subject student attends or directly to the borrower from the private educational lender; and (B) does not include an extension of credit under an open end consumer credit plan, a reverse mortgage transaction, a residential mortgage transaction, or any other loan that is secured by real property or a dwelling; and