When someone makes a student loan payment, their employer can contribute that same amount of money to the employee’s retirement plan under Section 110 of a federal law known as the SECURE Act 2.0.
"The choice facing the executive branch is clear: Act or default; act or increase the suffering of millions; act or go into economic tailspin."
"Republicans just passed a bill that would kill jobs, take away federal benefits for millions, and make everyday life for Americans more expensive. This is completely unworkable."
The administration still has time to take real action on student loan debt, but they need to get moving.
A reprieve from debt – at an excessive price.
"We are crushing the next generation with debt."
Sixty-nine percent of young Americans support a single-payer healthcare program like Medicare for All, while 66 percent back government-funded college tuition.
Overall, if these 44 million Americans were debt free, it would promote consumer spending and grow every sector of the U.S. economy.
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