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 WarrenPossible GOP challenger says Trump doesn't doesn't deserve reelection, but would vote for him over Democrat Joe Biden faces an uncertain path The Memo: Trump pushes back amid signs of economic slowdown MORE (D-Mass.) and Dick DurbinRichard (Dick) Joseph DurbinSenate Democrats push Trump to permanently shutter migrant detention facility House panel investigating decision to resume federal executions To combat domestic terrorism, Congress must equip law enforcement to fight rise in white supremacist attacks MORE (D-Ill.), along with Reps. Jerrold NadlerJerrold (Jerry) Lewis NadlerGOP memo deflects some gun questions to 'violence from the left' House Democrats urge Trump to end deportations of Iraqis after diabetic man's death French officials call for investigation of Epstein 'links with France' MORE (D-N.Y.), John KatkoJohn Michael KatkoRepublicans should get behind the 28th Amendment Student loan borrowers are defaulting yearly — how can we fix it? Overnight Defense: Woman accusing general of sexual assault willing to testify | Joint Chiefs pick warns against early Afghan withdrawal | Tensions rise after Iran tries to block British tanker MORE (R-N.Y.) and Joe NeguseJoseph (Joe) NeguseBig Tech has big credibility gap Tech giants on defensive at antitrust hearing Democrats mark World Refugee Day 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 SwalwellHickenlooper ends presidential bid Scenes from Iowa State Fair: Surging Warren, Harris draw big crowds Nadler hits gas on impeachment MORE (D-Calif.) and Sens. Kamala HarrisKamala Devi HarrisJoe Biden faces an uncertain path Biden: 'There's an awful lot of really good Republicans out there' Fighter pilot vs. astronaut match-up in Arizona could determine control of Senate MORE (D-Calif.), Bernie SandersBernie SandersJoe Biden faces an uncertain path Bernie Sanders vows to go to 'war with white nationalism and racism' as president Biden: 'There's an awful lot of really good Republicans out there' MORE (I-Vt.) and Amy KlobucharAmy Jean KlobucharPoll: Nearly 4 in 5 say they will consider candidates' stances on cybersecurity The Hill's Campaign Report: Battle for Senate begins to take shape Native American advocates question 2020 Democrats' commitment MORE (D-Minn.) have co-sponsored the bill.