Elizabeth Warren vows to cancel student loan debt via executive powers on day 1
14 Jan 2020 — #2020
Sen. Elizabeth Warren (D-MA) vowed Tuesday to cancel the bulk of student loan debt on the first day of her presidency via executive action. Warren made her promise just hours before the Democrat debate in Des Moines, Iowa.
“Our government has cleared far bigger hurdles to meet the needs of big businesses when they came looking for bailouts, tax giveaways, and other concessions,” Warren posted to Medium Tuesday. “Instead of catering to the needs of the powerful and wealthy, a Warren administration will make the system work for the millions of Americans who worked hard to get an education, only to be trapped in debt.”
Warren: My Plan to Cancel Student Loan Debt on Day One of My Presidency https://t.co/i2l4UXWCwK— DeepClips (@DeepClips) January 14, 2020
We have a student loan crisis—and we can't afford to wait for Congress to act. I’ve already proposed a student loan debt cancellation plan, and on day one of my presidency, I’ll use existing laws to start providing that debt cancellation immediately. https://t.co/bvhpuQmHH1— Elizabeth Warren (@ewarren) January 14, 2020