A survey released this week from LendEDU reveals that Americans were already on shaky financial ground even before the impact of the coronavirus outbreak.
Betsy DeVos has halted collection actions and wage garnishments against students who have defaulted on their education loans.
Appearing Friday on CNBC, Treasury Secretary Steven Mnuchin said the Trump administration could provide temporary student loan suspensions to help Americans amid the coronavirus outbreak.
A recent study found that college students from high-income households are borrowing more money for school than students from households with lower incomes. The report…