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.
Sign up for HERC Higher Ed Careers SmartBrief
News in higher-education employment
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.