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Student loan payments suspended for six months under Senate bill

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.

KCooper
KCooper
الأكبر فادي
الأكبر فادي 5 months

But but....but orange man... bAD!! *head explodes*

FoodNotBombs
FoodNotBombs 5 months

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
a commoner 5 months

I hope I can keep paying anyway and knock my principal down if interest is suspended. Still working so prefer to

Watheverable GRAMPS
Watheverable GRAMPS 5 months

Good!

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