Elizabeth Warren will introduce legislation to cancel student loan debt for most borrowers
Democratic presidential candidate Elizabeth Warren isn't waiting for the election to push forward her proposal to erase the majority of the country's outstanding student debt.
Democratic presidential candidate Elizabeth Warren gestures as she speaks during a campaign stop at George Mason University in Fairfax, Virginia on May 16, 2019.Democratic presidential candidate Elizabeth Warren isn't waiting for the election to push forward her proposal to erase the majority of the country's outstanding student debt.
"It's time to decide: Are we going to be a country that only helps the rich and powerful get richer and more powerful, or are we going to be a country that invests in its future?" Warren said, in a statement.credit card or auto debt levels. Today, the average college graduate leaves school $30,000 in the red, up from $10,000 in the 1990s. Nearly one-quarter of borrowers are in delinquency or default.in April, Warren introduced her campaign proposal to eliminate student debt.
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