WASHINGTON—Democratic Senators plan to introduce a invoice Thursday that may permit folks to cancel student-loan debt in chapter if they will present earnings loss tied to financial fallout from the coronavirus pandemic.
Federal legislation makes it extraordinarily troublesome for folks to cancel scholar loans utilizing chapter. The measure from Sens. Sheldon Whitehouse (D., R.I.) and Sherrod Brown (D., Ohio) would permit student-loan cancellations for individuals who both racked up massive medical payments up to now three years or misplaced wages as a result of…