Elizabeth Warren actually said...

"It just seems to me, based on your research and on the Fed's research, both of which show a substantial increase in debt loads, that it is a serious problem."

"They're no worse off because they can pay more, they can pay longer, they can pay when they should be working on helping their own children get an education."

"This is a huge increase in the debt to income ratio, and yet you say in your published work that you believe borrowers are no worse off than their counterparts were 20 years ago."

"It seems to me that means that people today are a whole lot worse off, on average, if they have to borrow money to go to school."