Sen. Paul offering bill to combat student loan debt

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Sen. Paul offering bill to combat student loan debtU.S. Sen. Rand Paul wants to combat the rising debt load engulfing college students by allowing families to use their retirement savings to pay off their loans. The Kentucky Republican introduced federal legislation late Monday that would allow students to dip into retirement accounts to help pay for college or make monthly debt payments. Americans collectively owe about $1.5 trillion in student loans — more than twice the total of a decade ago.


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