Student-loan borrowers should be able to achieve 'financial freedom' through bankruptcy, Elizabeth Warren says — especially with 'the looming threat of restarting' repayment

• Sen. Elizabeth Warren sent a letter to the Justice Department for an update on bankruptcy reforms for student-loan borrowers.
• In November, the DOJ updated guidance to make the bankruptcy process easier.
• Borrowers have to meet a difficult legal standard to get rid of their debt in court.

Massachusetts Sen. Elizabeth Warren wants to make sure bankruptcy is a viable option for student-loan borrowers who cannot pay off their debt.