News about Elizabeth Warren, student debt

During the return to repayment, student loan servicers—including @MOHELA—made more than 3.9 million billing errors. Who got hurt? Borrowers. I've got a new report that reveals decades of servicer incompetence and misconduct. We need accountability now. www.businessinsider.com/student-loan-borrowers-faced-repayment-billing-errors-debt-cancellation-warren-2024-4?utm_source=twitter&utm_campaign=business-sf&utm_medium=social

Even though extremists on the Supreme Court have stood in the way of student debt cancelation, President Biden is still finding ways to deliver relief to millions of Americans. www.washingtonpost.com/education/2024/04/12/biden-student-loan-forgiveness-update-save-pslf/

We’re proposing a new rule to cancel the student debt of Americans facing financial hardships – from child care to health care – that prevent them from paying back their loans.

While young people are widely affected by student debt and many see the student debt crisis as a “young American” issue, seniors are actually the fastest-growing group of borrowers in our country. pic.twitter.com/Oyr3O0qRN3