Davis introduces student loan debt bill

By Gary Scott on November 2, 2015 at 7:20am

Congressman Rodney Davis is introducing legislation designed to help college students pay their loans.

Davis, who represents Greene County, along with Democrat Gwen Graham of Florida, introduced the Employer Participation in Student Loan Assistance Act on Friday. The legislation would allow employers to help employees repay student loans with pre-tax dollars, according to a press release.

Employers can currently contribute pre-tax earnings to help employees finance their continuing education, but not for those who have already graduated.