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 WarrenOvernight Health Care: CDC recommends face coverings in public | Resistance to social distancing sparks new worries | Controversy over change of national stockpile definition | McConnell signals fourth coronavirus bill Democratic senators want probe into change of national stockpile description Democrats ask EPA, Interior to pause rulemaking amid coronavirus MORE (D-Mass.) and Dick DurbinRichard (Dick) Joseph DurbinDemocrats ask EPA, Interior to pause rulemaking amid coronavirus Senator Tom Coburn's government oversight legacy Democratic lawmakers demand government stop deporting unaccompanied children MORE (D-Ill.), along with Reps. Jerrold NadlerJerrold (Jerry) Lewis NadlerHouse Judiciary Committee postpones hearing with Barr amid coronavirus outbreak House Democrats plead with key committee chairman to allow remote voting amid coronavirus pandemic Pelosi rejects calls to shutter Capitol: 'We are the captains of this ship' MORE (D-N.Y.), John KatkoJohn Michael KatkoTo fight the rising tide of hate in our country, we must stop bias-based bullying in the classroom Hillicon Valley: House passes key surveillance bill | Paul, Lee urge Trump to kill FISA deal | White House seeks help from tech in coronavirus fight | Dem urges Pence to counter virus misinformation Lawmakers criticize Trump's slashed budget for key federal cyber agency MORE (R-N.Y.) and Joe NeguseJoseph (Joe) NeguseTrump administration restricts travel from Nigeria and five other countries Judiciary members battle over whether GOP treated fairly in impeachment hearings Sunday talk shows: Lawmakers gear up ahead of Monday's House Judiciary hearing 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." 

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“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 SwalwellKey House chairman cautions against remote voting, suggests other options amid coronavirus outbreak House Democrats plead with key committee chairman to allow remote voting amid coronavirus pandemic Congress tiptoes toward remote voting MORE (D-Calif.) and Sens. Kamala HarrisKamala Devi HarrisIs Texas learning to love ObamaCare? Democrats ask EPA, Interior to pause rulemaking amid coronavirus Politicians mourn the death of Bill Withers MORE (D-Calif.), Bernie SandersBernie SandersOvernight Energy: Oil giants meet with Trump at White House | Interior extends tenure of controversial land management chief | Oil prices tick up on hopes of Russia-Saudi deal Oil giants meet at White House amid talk of buying strategic reserves The Hill's Campaign Report: Biden struggles to stay in the spotlight MORE (I-Vt.) and Amy KlobucharAmy KlobucharDemocrats fear coronavirus impact on November turnout Hillicon Valley: Zoom draws new scrutiny amid virus fallout | Dems step up push for mail-in voting | Google to lift ban on political ads referencing coronavirus Democrats press Trump, GOP for funding for mail-in ballots MORE (D-Minn.) have co-sponsored the bill.