Consumer groups and banking industry organizations joined together today to support bipartisan legislation that would prevent Economic Impact Payments from being subject to garnishment.
As Congress considers the next steps to rebuild the U.S. economy, student debt cancellation must remain a priority. Speaker Pelosi said that the third pillar of the Heroes Act is “putting much-needed money into the pockets of the American people.” Narrowing the student debt cancellation provisions in the HEROES Act surrenders a crucial tool to address this economic crisis that would do exactly that.
FOR IMMEDIATE RELEASE March 19, 2020 CONTACT: Alexis Goldstein, alexis@ourfinancialsecurity.org Senate Democrats Plan to Cancel Student Debt Would Stimulate the Economy and Provide Crucial Relief to Borrowers Statement from Alexis Goldstein, Senior Policy Analyst, Americans for Financial Reform: “The Senate Democrats plan to cancel student
The Coronavirus pandemic is a health crisis like we have never seen before, and it is colliding with the economic crisis of this generation — student loan debt. Lost wages and medical costs will impact families across the country for weeks, months, and years to