WASHINGTON _ Many college graduates in 2020 will likely face bleak job prospects as the coronavirus pandemic drives the economy in recession.
Combine that predicament with high rates of student loan debt _ which many have to start paying as soon as they graduate, regardless of whether they have an income to pay the debt _ and new grads are potentially in for a world of financial hurt.
Some members of Congress want to make those students a priority. California Rep. Josh Harder, a Democrat, and Rep. Brian Fitzpatrick, R-Pa., are introducing a bill this week to allow college students graduating in 2020 who took out federal student loans to defer payments on their debt for at least three years.
