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 WarrenIn politics, as in baseball, it ain't over till it's over Trump defends Roger Stone move: He was target of 'Witch Hunt' Democrats blast Trump for commuting Roger Stone: 'The most corrupt president in history' MORE (D-Mass.) and Dick DurbinRichard (Dick) Joseph DurbinGOP senators voice confidence over uphill Senate battle Finger-pointing, gridlock spark frustration in Senate Hillicon Valley: Facebook takes down 'boogaloo' network after pressure | Election security measure pulled from Senate bill | FCC officially designating Huawei, ZTE as threats MORE (D-Ill.), along with Reps. Jerrold NadlerJerrold (Jerry) Lewis NadlerNadler: Barr dealings with Berman came 'awfully close to bribery' Nadler wins Democratic primary Voters must strongly reject the president's abuses by voting him out this November MORE (D-N.Y.), John KatkoJohn Michael KatkoDemocrats release bilingual ads on police reform bill Lawmakers introduce legislation to establish national cybersecurity director Progressives riding high as votes tabulated in NY, Kentucky MORE (R-N.Y.) and Joe NeguseJoseph (Joe) NeguseHillicon Valley: FBI, DHS to accuse China of hacking virus researchers | Warren warns of COVID-19 threats to elections | Musk reopening California Tesla factory against state orders Warren warns coronavirus 'poses a threat to free and fair elections' House Judiciary Committee calls on Bezos to testify as part of antitrust probe 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 SwalwellTrump administration moves to formally withdraw US from WHO Swalwell: Trump 'makes us look like geniuses every day for impeaching him' Voters must strongly reject the president's abuses by voting him out this November MORE (D-Calif.) and Sens. Kamala HarrisKamala Devi HarrisHillicon Valley: Facebook considers political ad ban | Senators raise concerns over civil rights audit | Amazon reverses on telling workers to delete TikTok Senators raise concerns over Facebook's civil rights audit Biden's marijuana plan is out of step with public opinion MORE (D-Calif.), Bernie SandersBernie SandersBiden wins Puerto Rico primary In politics, as in baseball, it ain't over till it's over Biden wins Louisiana primary MORE (I-Vt.) and Amy KlobucharAmy KlobucharThe Hill's Coronavirus Report: Fauci says focus should be on pausing reopenings rather than reverting to shutdowns; WHO director pleads for international unity in pandemic response State election officials warn budget cuts could lead to November chaos Biden strikes populist tone in blistering rebuke of Trump, Wall Street MORE (D-Minn.) have co-sponsored the bill.