Treasury Secretary Steven Mnuchin alluded to some form of student debt relief during an interview Friday on CNBC. He said temporary suspension of student loan payments was on a “list of 50 different items” he planned to bring to the president. Waiving interest on student loans could prove useful in Trump’s bid for reelection as he courts young voters. Advocates panned the waiver as shortsighted and said it would have negligible impact on people struggling with loan payments. Others are calling for outright or temporary cancellation of federal student loans to help stimulate the economy.

Source: Washington Post March 14, 2020 03:51 UTC