8.5 million student-loan borrowers can 'breathe a sigh of relief' after major loan company shuts down, says Elizabeth Warren

Contributing sentiments towards policy:

55% : The company's upcoming closure could suggest further hurdles the Education Department will encounter should they choose to restart payments on student loans in October.
53% : A group of Democrats wrote last week: "As part of the upcoming negotiated rulemaking process, we encourage the Department to pursue policies that reduce disparities in the burden of student debt, simplify loan repayment, close donut holes in forgiveness programs, and improve the overall confidence of borrowers in the federal student loan system."
45% : The lie, she claims, happened in an April hearing in which Warren and ranking member of the Senate economic policy subcommittee John Kennedy asked CEOs of all the student-loan servicers in the country to testify on the impact of student debt on borrowers.
37% : The program forgives student debt for public servants after 120 monthly qualifying payments, and it currently has a 98% denial rate.

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