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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 WarrenAll fracked up: Biden's Keystone State breakdown What do Google, banks and chicken salad have in common? Final debate: War Admiral vs. Seabiscuit MORE (D-Mass.) and Dick DurbinRichard (Dick) Joseph DurbinDemocrats warn GOP will regret Barrett confirmation Democrats brace for nail-biting finish to Senate battle Democratic Senate emerges as possible hurdle for progressives  MORE (D-Ill.), along with Reps. Jerrold NadlerJerrold (Jerry) Lewis NadlerMarijuana stocks see boost after Harris debate comments Jewish lawmakers targeted by anti-Semitic tweets ahead of election: ADL Democrats shoot down talk of expanding Supreme Court MORE (D-N.Y.), John KatkoJohn Michael KatkoWarren, Porter to headline progressive fundraiser supporting seven swing state candidates Trump fuels and frustrates COVID-19 relief talks Trump says talks on COVID-19 aid are now 'working out' MORE (R-N.Y.) and Joe NeguseJoseph (Joe) NegusePocan won't seek another term as Progressive Caucus co-chair Races heat up for House leadership posts Trump backs bill to establish suffragist monument in DC 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 SwalwellGraham says SC people of color can go anywhere in the state but 'need to be conservative, not liberal' President Trump, Melania Trump test positive for COVID-19 House in near-unanimous vote affirms peaceful transfer of power MORE (D-Calif.) and Sens. Kamala HarrisKamala HarrisHarris blasts GOP for confirming Amy Coney Barrett: 'We won't forget this' GOP Senate confirms Trump Supreme Court pick to succeed Ginsburg The painstaking, state-by-state fight to protect abortion access MORE (D-Calif.), Bernie SandersBernie SandersObama book excerpt: 'Hard to deny my overconfidence' during early health care discussions Americans have a choice: Socialized medicine or health care freedom Ocasio-Cortez says Democrats must focus on winning White House for Biden MORE (I-Vt.) and Amy KlobucharAmy KlobucharStart focusing on veterans' health before they enlist Durbin says he will run for No. 2 spot if Dems win Senate majority Democrats seem unlikely to move against Feinstein MORE (D-Minn.) have co-sponsored the bill.