Bill Introduced by TX Congressman for Student Loan Forgiveness

A South Texas congressman is seeking to pass a bill that would provide college student loan forgiveness for more than 40-million Americans.

Congressman Vicente Gonzalez of McAllen introduced the Student Loan Relief Bill yesterday.

It would direct the Secretary of Education to forgive up to 25-thousand-dollars in loans to eligible borrowers.

The debt relief package would have a total cost of over 775-billion-dollars if passed.

photo: Getty Images

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