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Wayne Johnson: ‘Suspend Student Loan Payments, Not Just Interest, As Part of National Response to Coronavirus Pandemic

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Wayne Johnson: ‘Suspend Student Loan Payments, Not Just Interest, 
As Part of National Response to Coronavirus Pandemic

 

Macon, Ga. March 13, 2020 Republican U.S. Senate candidate Dr. Wayne Johnson released the following statement following President Trump’s declaration of a national emergency, which included freezing interest on student loans.

“President Trump suspending interest on federal student loans as part of the national response to the coronavirus is a step in the right direction. However, it will provide no immediate relief to millions of Georgians making their monthly payments.

“Only by suspending payments will there be any positive dollar impact that words for Georgia. It's impossible to know how many hundreds of thousands of the 1.2 million Georgians with student loan debt at working hourly jobs that may be impacted with the sudden decline in the economy, and those Georgians need the relief.

But it’s not enough. For as long as the economy struggles, the President should suspend student loan payments, also. Hundreds of thousands of Georgians work by the hour, and the crisis may quickly impact their paychecks.

It's time to solve the student loan debt crisis once and for all, get the government out of the student loan business and restructure how we pay for secondary education. That includes canceling student debt.

It's a kitchen table issue for Georgians. It's time to talk about it as part of the special election to fill the remaining two years of retiring U.S. Sen. Johnny Isakson. This is a unique election that offers all Georgians a chance to get Washington's attention, and end student debt.”

About Dr. A. Wayne Johnson

Dr. A. Wayne Johnson is a recognized as the preeminent expert on student loan debt in the country and he spent two years inside the Trump administration trying to fix a system he eventually realized was broken beyond repair. Johnson spent more than three decades as an entrepreneur, senior executive and CEO of multiple businesses, both domestic and international, in the consumer finance and customer service support industries. He is a U.S. Army veteran, an Eagle Scout and a product of Georgia’s education system. He holds a PhD in Higher Education Leadership from Mercer University, a Master of Business Administration from Emory University and Bachelor of Arts from Mercer University. He makes his home in Macon, Georgia. 

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