Home News Elizabeth Warren Took On Obama Over Student Debt Forgiveness. How She Won Is Central To Her 2020 Campaign – Buzzfeed News

Elizabeth Warren Took On Obama Over Student Debt Forgiveness. How She Won Is Central To Her 2020 Campaign – Buzzfeed News

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“Her theory of change is that you focus on one or two levers, and you push them hard.”

In 2015, when she found herself on Air Force One with then-president Barack Obama, Sen. Elizabeth Warren seized the chance to pressure the most powerful man in the world about an obscure part of federal tax law.

Warren — along with activists, consumer lawyers, and a group of other Democratic senators — was in the midst of what would become a years-long fight to get loan forgiveness for tens of thousands of students who had been defrauded by Corinthian Colleges, a collapsed for-profit college chain.

Earlier, Warren and others had helped convince the Education Department to agree to cancel the loans for some of those for-profit college students, opening the door to forgiveness for hundreds of thousands of people. Now, Warren was waging a new battle against Obama’s Treasury Department, which was planning to hit students with steep tax bills on their forgiven loans.

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