Warren, Nadler introduce bill to allow student loan borrowers bankruptcy relief

A bipartisan group of lawmakers on Thursday introduced legislation to make bankruptcy relief available for student loan borrowers. 

Sens. Elizabeth WarrenElizabeth Ann WarrenBooker backpedals after comparing Warren’s Facebook proposal to Trump Warren, Nadler introduce bill to allow student loan borrowers bankruptcy relief Co-founder’s call to break up Facebook energizes its critics MORE (D-Mass.) and Dick DurbinRichard (Dick) Joseph DurbinWarren, Nadler introduce bill to allow student loan borrowers bankruptcy relief Trump Jr. subpoena spotlights GOP split over Russia probes Overnight Defense — Presented by Huntington Ingalls Industries — Pentagon approves transfer of .5B to border wall | Dems blast move | House Dem pushes Pelosi to sue over Trump’s Yemen veto MORE (D-Ill.), along with Reps. Jerrold NadlerJerrold (Jerry) Lewis NadlerHistory will judge sycophantic Republicans harshly The Hill’s Morning Report – Can Barr and House Dems avert contempt clash? CNN, Fox, MSNBC air split-screens of Nadler and empty chair for Barr MORE (D-N.Y.), John KatkoJohn Michael KatkoWarren, Nadler introduce bill to allow student loan borrowers bankruptcy relief Thirty-four GOP members buck Trump on disaster bill Hillicon Valley: Instagram cracks down on anti-vaccine tags | Facebook co-founder on fallout from call to break up company | House Dems reintroduce election security bill | Lawmakers offer bill requiring cyber, IT training for House MORE (R-N.Y.) and Joe NeguseJoseph (Joe) NeguseWarren, Nadler introduce bill to allow student loan borrowers bankruptcy relief The gap in Sen. Gardner’s environmental record Ocasio-Cortez unveils Green New Deal climate resolution MORE (D-Colo.) introduced the Student Borrower Bankruptcy Relief Act of 2019, which would treat student loan debt like other types of consumer debt, according to a Friday statement. 

“Long before I came to the Senate, I fought my heart out to keep student loans dischargeable in bankruptcy. But over and over again, Congress chipped away at this critical protection for student loan borrowers,” Warren said. “The Student Borrower Bankruptcy Relief Act fully restores this protection.” 

“Americans across the nation are facing crushing student loan debt that is preventing them from purchasing homes and living the true American dream,” Nadler said in the statement. “We must ensure that Americans are able to invest in their education and then go on to live quality lives without the cloud of rising debt hanging over their heads.”

Warren is among more than 20 people vying for the Democratic Party’s 2020 presidential nomination. Fellow candidates Rep. Eric SwalwellEric Michael SwalwellWarren, Nadler introduce bill to allow student loan borrowers bankruptcy relief 2020 Dems: Trump doesn’t deserve credit for the economy Castro campaign staffers announce unionization MORE (D-Calif.) and Sens. Kamala HarrisKamala Devi HarrisWarren, Nadler introduce bill to allow student loan borrowers bankruptcy relief Michael Bennet a welcome addition to the 2020 Democratic field Rasmussen poll puts Trump ahead of Harris MORE (D-Calif.), Bernie SandersBernard (Bernie) SandersWarren, Nadler introduce bill to allow student loan borrowers bankruptcy relief Co-founder’s call to break up Facebook energizes its critics Sanders to join Ocasio-Cortez in headlining Green New Deal rally Monday MORE (I-Vt.) and Amy KlobucharAmy Jean KlobucharWarren, Nadler introduce bill to allow student loan borrowers bankruptcy relief 2020 Dems: Trump doesn’t deserve credit for the economy Klobuchar, O’Rourke, Cotton all to appear on ‘The View’ next week MORE (D-Minn.) have co-sponsored the bill. 

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