Republican Senator suggest a proposal that will allow student loans to be paid directly from your paycheck.
U.S. Senator Lamar Alexander from Tennessee has a plan to help people payoff student loans by taking the payments right from their paychecks every month.
Alexander said the plan would take no more than 10% out of your paycheck and if you did not work or make enough money you would not have to pay anything.
The plan will not affect anyone’s credit score.