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Senator proposes new student-loan payment plan
2/8/2019

Sen. Lamar Alexander, R-Tenn., head of the Senate's Committee on Health, Education Labor and Pensions, is proposing a system that would automatically withhold student-loan payments from paychecks, similar to how federal taxes are deducted. Alexander says, under the program, payments would pause for unemployed borrowers without penalties on their credit report.

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