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Elizabeth Warren: “Some private loan companies refuse to cancel debt, even in…”

Featuring: Elizabeth Warren, Democratic | U.S. Senate, Massachusetts

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Trump censored this report.

Published | Video Starts at 00:43

They don't want you to know that student loan borrowers lodged nearly 25,000 complaints to the Consumer Financial Protection Bureau last year. They don't want you to know that Some private loan companies refuse to cancel debt, even in cases where the Department of Education has said the student was defrauded by their college and is entitled to cancellation. It is a mess. But that's what happens when you try to shut down the Consumer Financial Protection Bureau and the Department of Education. (00:43–00:58)

CLAIM

Asserts that some private loan companies refuse to cancel debt despite Department of Education recommendations.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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