Trump Administration Considering Suspending Student Debt Payments During Coronavirus Outbreak

President Donald Trump talks to journalists in the Oval Office at the White House in Washington on March 12, 2020. Chip Somodevilla/Getty Images

The Trump administration is considering a temporary suspension of student debt payments amid the coronavirus outbreak, Treasury Secretary Steven Mnuchin said on Friday.

The proposal is part of a package meant to address the economic fallout of COVID-19, the disease the coronavirus causes.