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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 WarrenThe Memo: Outrage rises among liberals over Israel The Hill's Morning Report - Presented by Facebook - Infrastructure, Cheney ouster on deck as Congress returns Warren says she'll run for reelection to Senate MORE (D-Mass.) and Dick DurbinDick DurbinAmazon blocks 10B listings in crackdown on counterfeits DOJ faces big decision on home confinement America's Jewish communities are under attack — Here are 3 things Congress can do MORE (D-Ill.), along with Reps. Jerrold NadlerJerrold (Jerry) Lewis NadlerHouse to consider anti-Asian hate crimes bill, protections for pregnant workers this month A historic moment to truly honor mothers Britney Spears to discuss conservatorship in court MORE (D-N.Y.), John KatkoJohn Michael KatkoHillicon Valley: US, UK authorities say Russian hackers exploited Microsoft vulnerabilities | Lawmakers push for more cyber funds in annual appropriations | Google child care workers ask for transportation stipend Lawmakers push for increased cybersecurity funds in annual appropriations America's Jewish communities are under attack — Here are 3 things Congress can do MORE (R-N.Y.) and Joe NeguseJoseph (Joe) NeguseOvernight Health Care: US to share millions of AstraZeneca vaccine doses with other countries | Biden speaks with Prime Minister Modi as COVID-19 surges in India House Democrats call on Biden to add Medicare-related provisions to economic plan A proposal to tackle congressional inside trading: Invest in the US 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 SwalwellGOP struggles to rein in nativism Personal security costs for anti-Trump lawmakers spiked post-riot Trump knocks CNN for 'completely false' report Gaetz was denied meeting MORE (D-Calif.) and Sens. Kamala HarrisKamala HarrisOde to Mother's Day Warren says she'll run for reelection to Senate In honor of Mother's Day, lawmakers should pass the Momnibus Act MORE (D-Calif.), Bernie SandersBernie SandersThe Memo: Outrage rises among liberals over Israel On The Money: Biden says workers can't turn down job and get benefits | Treasury launches state and local aid | Businesses jump into vax push Symone Sanders 'hurt' at being passed over for press secretary: report MORE (I-Vt.) and Amy KlobucharAmy KlobucharThis week: Congressional leaders to meet with Biden amid GOP reckoning Democrats hit crucial stretch as filibuster fight looms Strengthen CBP regulations to reduce opioid deaths MORE (D-Minn.) have co-sponsored the bill.