Student loan payments suspended for six months under Senate bill
The Senate’s coronavirus stimulus bill includes provisions for a six-month hold on all federal student loan payments. The bill provision extends the plan already put in place by the Education Department, which allows borrowers to defer their payments without interest for at least 60 days. It would also suspend the collection on defaulted debts -- including wage and tax refund garnishment.
RIGHTwww.westernjournal.com
FoodNotBombs
3 days
Just forgive the debt so we can buy things like houses and cars instead of paying Sallie Mae more than double what was borrowed
a commoner
3 days
I hope I can keep paying anyway and knock my principal down if interest is suspended. Still working so prefer to
Watheverable GRAMPS
3 days
Good!
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But but....but orange man... bAD!! *head explodes*