January 05, 2015

Springfield Republican: Sen. Elizabeth Warren priority: Pushing Republican-controlled Congress to address student loan debt crisis

JAN 5, 2015

WORCESTER - U.S. Sen. Elizabeth Warren, D-Mass., said her vision for 2015 in Washington involves maintaining a sharp focus on student loan debt and the drag it is on the economy and the future of the country.


When asked just how she plans to move such a bill and policy priority forward in a Republican-controlled Congress, Warren said it comes down to explaining how it affects everyone- regardless of if they have outstanding student loans themselves.

"The Federal Reserve, the FDIC and the Consumer Financial Protection Bureau have all done reports showing that young people with student loan debt are not taking the economic steps they would ordinary take at this point in their lives. The student loan debt is becoming a drag on the whole economy," Warren said. "And yet the federal government is making billions in profits."

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