What you need to know about Elizabeth Warren's plan to cancel student loans in bankruptcy:
Will you be able to discharge your student loans in bankruptcy?The Student Borrower Bankruptcy Relief Act of 2019
eliminate the section of the U.S. bankruptcy code that prevents federal students loans and private student loans from being dischargeable. The bill, if passed, would make student loans like all almost all other forms of consumer debt, such as mortgage and credit card debt.
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