Elizabeth Warren Wants To Relieve $640 Billion In Student Loan Debt With New Bill
Democratic presidential candidate Elizabeth Warren wants to relieve student debt for 42 million people.
Currently, an estimated $640 billion in loans is held by mainly middle- and lower-income Americans, says HuffPost.
Warren and House majority whip, Rep.
James Clyburn have introduced the Student Loan Debt Relief Act.
The bill would eliminate student debt entirely for 75% of borrowers and partially for another 20% of borrowers.