Monday, August 3, 2020

Federal Student Loans

Student Loan Borrower: Don't wait on congress for more relief.

Federal student loan borrowers haven't had to make payments since March. But without continued government intervntion, those unable to pay can expect long waits for help come October when bills are scheduled to restart. Automatic interest-free forbearance provided by the first coronavirus relief package was not extended by the Health, Economic Assistance Liability Protection and Schools Act proposed by Senate Republicans. There's no additional relief for studen loan borrowers in the proposal.

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