Democrats propose student debt cancellation as coronavirus relief

 

Source: Wesley Whistle - Forbes

People across the country are anxious about the coronavirus and the economic impacts it might bring. Congress has already passed two relief packages and they and the Trump Administration are considering more ways to help Americans through this time. One of the solutions some have suggested providing relief and stimulus includes addressing student loans. President Trump already said he would waive interest on student loans during this time, though that provides little relief in the short-term. Today, four Democratic senators unveiled a proposal to cover student loan payments for six months as their Phase 3 proposal to combat the impacts of the virus.

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