Prominent Republican wants to take student-loan payments out of your paycheck
February 19, 2019

From MarketWatch:

Borrowers could soon be required to pay back their federal student loans directly from their paychecks, if one powerful Republican gets his way.

Senator Lamar Alexander, a Republican from Tennessee and the chair of the Senate's Committee on Health, Education Labor and Pensions, which oversees higher education, proposed automatically withholding a borrower's monthly student-loan payment from their paycheck, similar to the system already used for federal payroll taxes.

Alexander floated the idea in a speech outlining his priorities for reauthorizing the Higher Education Act, the statute that governs colleges and financial aid. As a former governor of Tennessee, Secretary of Education and president of the University of Tennessee, Alexander is a prominent voice on higher education issues. He plans to retire in 2020 and has signaled that he'd like Congress to reauthorize the HEA by the end of the year...

Continue reading at MarketWatch...

You may also like

More Americans believe it's OK to cheat on your taxes

"The poll was published during an increasingly heated battle between President Trump and Congressional Democrats over his own tax returns."

Four in 10 Americans embrace some form of socialism

"43% of Americans say socialism would be a good thing for the country."

Housing in San Francisco is so expensive some people live on boats

"The number of boats anchored in the waters between the Marin County cities of Sausalito and Belvedere has been growing over the past few years."