{"id":142590,"date":"2020-03-13T22:10:36","date_gmt":"2020-03-13T22:10:36","guid":{"rendered":"https:\/\/www.bnreport.com\/trump-administration-considering-suspending-student-debt-payments-during-coronavirus-outbreak\/"},"modified":"2020-03-13T22:10:36","modified_gmt":"2020-03-13T22:10:36","slug":"trump-administration-considering-suspending-student-debt-payments-during-coronavirus-outbreak","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/trump-administration-considering-suspending-student-debt-payments-during-coronavirus-outbreak\/","title":{"rendered":"Trump Administration Considering Suspending Student Debt Payments During Coronavirus Outbreak"},"content":{"rendered":"

The Trump administration is considering a temporary suspension of student debt payments amid the coronavirus outbreak, Treasury Secretary Steven Mnuchin said on Friday.<\/p>\n

The proposal is part of a package meant to address the economic fallout of COVID-19, the disease the coronavirus causes.<\/p>\n

\u201cThats on our list of 50 different items were bringing to the president for a decision. That will be something were looking at,\u201d Mnuchin said during an appearance on CNBCs \u201cSquawk Box\u201d after being asked if he would consider a three-month suspension of payments.<\/p>\n

\u201cThe president is all about action, action, action,\u201d he added.<\/p>\n

Senate Minority Leader Sen. Chuck Schumer (D-N.Y.) and other Senate Democrats unveiled a package<\/a> this week that included six months of relief for people with student debt and federally insured or guaranteed mortgages.<\/p>\n

\"Epoch
\"Epoch<\/figcaption><\/a> Senate Minority Leader Chuck Schumer (D-N.Y.) speaks alongside fellow Democratic Senators about a new economic and community relief proposal to help states with coronavirus outbreaks during a press conference at the US Capitol in Washingto on March 11, 2020. (Saul Loeb\/AFP via Getty Images)<\/figure>\n

The Student Loan Borrower Assistance called on Tuesday for the federal government to act to ensure \u201cthe federal student loan system does not exacerbate the disaster\u201d of COVID-19.<\/p>\n

\u201cAs people become sick, and as the effects of the virus ripple through the economy, the coronavirus is going tRead More \u2013 Source<\/a>
\n[contf]
\n[contfnew]
\n <\/p>\n

The Epoch Times<\/a><\/h5>\n

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