There is no expectation that the servicer, in this instance, Navient, will act in the interest of the consumer.
Elizabeth Warren
The Public Record
Elizabeth Ann Warren is an American attorney, academic, and politician serving as the senior United States senator from Massachusetts since 2013. A member of the Democratic Party, she has been a prominent advocate for consumer protection, economic equality, and corporate regulation. Warren gained national recognition for her work in establishing the Consumer Financial Protection Bureau and has focused on issues such as student debt relief and healthcare reform during her tenure in the Senate.
It is shocking and it really drives home how much of a disaster these programs have turned out to be.
This is an utterly broken system, and the solution is not more complexity and more incompetent middlemen.
Canceling up to $50,000 of student loan debt... is going to relieve the debt burden entirely for 36 million people.
The primary beneficiaries of debt cancelation, as Senator Schumer and I have proposed, are not lawyers or doctors with fancy degrees.
Forgiving $50,000 in student loan debt is going to go a long way toward helping us achieve our goals of getting our economy going.
Canceling student debt--by executive action--is one of the most effective ways President Biden can provide sweeping relief.
Widespread administrative debt cancellation is needed to remedy the failures of our student loan system.
our corporate tax code is so littered with loopholes that simply raising the regular corporate tax rate alone is not enough
Corporations will never stop trying to bend the rules. You know, when you plug one loophole, they are going to bring in armies of lawyers and lobbyists.





