The Federal Reserve Bank of New York reports that outstanding student loan debt has hit approximately $1.66 trillion.

More than 200,000 student borrowers and their allies, as well as a coalition of advocacy groups, demanded Thursday that Democratic congressional leaders seize the moment of their soon-to-be majorities in both houses of Congress to win a student loan repayment pause. A petition circulated by the Student Debt Crisis Center (SDCC) demanding President Donald Trump act to pause all federal student…

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