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Senator proposes paycheck autowithdrawal for student loans

Friday, February 8, 2019   (0 Comments)
Posted by: Amanda Averch
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Sen. Lamar Alexander, R-Tenn., has proposed a bill that would allow automatic withdrawal of student-loan payments from paychecks and would let borrowers choose a payment plan based a percentage of discretionary income. The proposal has raised privacy concerns, because borrowers would have to let employers know of student loans.

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