The CARES Act granted most federal student loan borrowers a reprieve from their monthly payments until October. During that time, interest isn't supposed to accrue on your loans."Pretty much nobody thinks that will happen – including me," said Betsy Mayotte, president of The Institute of Student Loan Advisors, a nonprofit that helps student loan borrowers with free advice and dispute resolution.
Still, Mayotte said, "I do think there's a good chance Congress will extend the waivers until the end of the year."90-day Covid-19 forbearance"This suspends the payment obligation, but interest continues to accrue," Kantrowitz said. "These will likely be extended if borrowers are still experiencing Covid-19-related employment challenges."
'Nothing is so permanent as a temporary government program'
There are millions of jobs that can be filled right now. Places are begging for workers.
I mean yeah, let’s just shut down the country, pretend we’re reopening, fail to bring back jobs, restrict travel and close borders, fail to flatten the curve, witness more deaths...and this is even a question?
Its all a game of Guess. They just want to keep you WORRYING your ENTIRE life and NEVER have peace.
Money for nothing and your chicks for free. I want my MTV!
Hahah. Will my NV PUA check ever come
I really don't know how some folks are surviving. Doing the best they can, I suppose, while people who COULD and SHOULD be sending help are blocking the very bills that would save them. Hey, Mitch and crew are just fine. What's the big deal, eh?
Go out and hustle for a living instead of living on handouts from Uncle Sugar.
Oops how bad does Joe Public get hurt by this? NQ that popped?
For me the main question is: Will I ever receive my first stimulus check? and how much of my stimulus check was stolen by Donald Trump to use to re-elect himself? How much of my stimulus check went to bail out Kanye West and Jay-Z the rapper?
November 5th
The last round was the greatest fraud of tax payer funds ever. No thanks unless only given to unemployment offices in the states and territories.
Timely money tips given daily! Quick and easy to help you get your edge! Learning about your finances made quick and simple!
How about a national plan to provide more PPE, wear masks,, extend testing, and protect everyday workers from this virus? Lack of leadership in this pandemic is hurting our economy. These packages are bandaids.
Would be nice too I’m still waiting on my income tax check still since April !!!!!
1/3 of Americans not paying rent or mortgages on August 1 will not be good for the economy. Get another relief package for the people together DC, quickly.
Millionaires and billionaires lined their pockets and everyday Americans got a $1200 check or less.
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