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Tag Archive: student loans

April 1, 2020

Federal Student Loan Information During Covid-19

Current students and alumni who have outstanding student loans have a slight reprieve for the next few months thanks to new orders from the Trump Administration.

The Trump Administration is allowing federal student loan borrowers to take a break from making monthly payments, without incurring interest or penalties until the end of September.

Trump’s CARES Act is allowing borrowers to opt out of paying their federal student loans until September 30, 2020.

In addition to suspending payments, the Act will set the interest [...]

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