Political Quotes

Elizabeth Warren: Just because you have a low default rate does not mean that individuals are not mired in high amounts of debt.

On the recordJune 3, 2014
Just because you have a low default rate does not mean that individuals are not mired in high amounts of debt.
Said by
Elizabeth Warren
Democratic · Massachusetts

Editor's note · Context

Warren critiques the misleading nature of low default rates as a measure of borrower success.

Share

More from Elizabeth Warren

Aug 13, 2026

The latest round of financial reports from defense contractors shows that despite their concerns, defense contractors can afford to prioritize the warfighter and increase investments to improve outcomes and address schedule delays and cost…

warren.senate.gov
Aug 21, 2026

(P)olitical contributions and direct White House lobbying from Taylor Farms... raise urgent questions about the role this influence-peddling may have played in loosening federal food safety oversight and hampering the federal government’s…

warren.senate.gov
Aug 13, 2026

Voters want leaders with backbones who will stand up to dark money super PACs and fight to make life more affordable.

huffpost.com
Aug 14, 2026

Another day, another Trump policy to make voting harder. His new target? Nursing homes.

commondreams.org

Other voices in this conversation