Warren says she would bypass Congress, begin canceling student loans on 1st day as president

by Jordyn Pair · Jan 14th, 2020 1:54 pm
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Presidential candidate Sen. Elizabeth Warren (D-MA) said on Tuesday that she would start to forgive student debt on the first day of her presidency by using legal tools meant to bypass Congress.

"We have a student loan crisis — and we can't afford to wait for Congress to act," Warren said in a tweet that included a link to her student debt erasure plan. The U.S. Department of Education already has authority to cancel student debt, she added.

Warren also released a letter written by three legal experts that vouched for the legality of erasing student debt through executive action. The experts described it as "lawful and permissible."

🔦 Americans hold more than $1.5 trillion in student debt.