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coins spilling from jar and word student debt Alexander’s proposal would compel employers to deduct student loan payments from employee paychecks based on one of two methods. (Photo: Shutterstock)

Whether you’re keeping up with your student loan payments or not, you soon might not have a choice—if a new plan touted by Sen. Lamar Alexander, R-TN, chairman of the Senate Health, Education, Labor and Pensions Committee, moves forward.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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