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Democrats Slam Trump's Student Loan Sale Proposal

11/18/2025

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Summary

Story summary

Sen. Elizabeth Warren (D-Mass.) criticized U.S. President Donald Trump’s plan to sell parts of the $1.6 trillion federal student loan portfolio, warning it would hurt working-class borrowers.
A letter signed by more than 40 Democratic lawmakers urged against the sale, calling it a "massive giveaway" to wealthy insiders.
Rep. Ayanna Pressley (D-Mass.) echoed the concerns, calling the proposal dangerous and unacceptable and noting that no formal plans have been confirmed.

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Story summary

Sen. Elizabeth Warren (D-Mass.) criticized U.S. President Donald Trump’s plan to sell parts of the $1.6 trillion federal student loan portfolio, warning it would hurt working-class borrowers.
A letter signed by more than 40 Democratic lawmakers urged against the sale, calling it a "massive giveaway" to wealthy insiders.
Rep. Ayanna Pressley (D-Mass.) echoed the concerns, calling the proposal dangerous and unacceptable and noting that no formal plans have been confirmed.