Will you commit to developing a plan to reform FSA so that it works for student borrowers instead of for big corporations?
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.
Student loan debt is one of the biggest contributors to rising debt loads by seniors.
I am reminded by this how difficult it is right now for our students and for our teachers, who are having to deal with technical glitches that interrupt their education every day, and why this package is so important to get the resources…
But, today, students face a very different situation, so I want to talk with you today about student debt.
About 43 million people--that is one in five adults in America--have Federal student loan debt.
Let me ask you, will you commit to doing everything you can to use those tools to provide borrowers with immediate relief?
One route that I am going to continue to urge you to take is administrative cancellation of student loan debt.
All of a sudden, the billionaires and some hedge funds are yelling because they`re not the ones, the only ones, who make money when the manipulation works, but remember the other half of this. There are going to be a lot of people who are…
It has well past time for the SEC and other financial regulators to wake up and do their jobs.





