Democrats propose an additional year of relief for all borrowers in the next stimulus bill, while Republicans want to target those deemed the neediest
Congressional leaders are at odds over whether to continue to suspend monthly payments for tens of millions of Americans with student debt as they pursue talks for the next pandemic-relief package.
In late March, the federal government stopped collecting payments for most of the 43 million Americans with federal student loans while also preventing interest from accruing. The benefit, part of the more than $2 trillion pandemic-relief package known as the Cares Act, expires Sept. 30.
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