New Stimulus Package Student Loans
The cares act the 2 2 trillion stimulus packages provided this student loan relief through september 30 2020 to help student loan borrowers impacted financially by the covid 19 pandemic.
New stimulus package student loans. The provision will expire in five years although experts say. How congress can cancel student loans and pass 2 000 stimulus checks. While congress can pass standalone legislation or incorporate these policies into the new stimulus package sanders says.
Congress dropped student loan relief from the new stimulus package which means your federal student loan payments will resume after january 31 2021 interest will start accruing and student loan. Congress is close to finalizing a new stimulus package with second stimulus checks of 600 for each individual and child as well as 300 a week of unemployment insurance. What the stimulus package means for your student loans that means that borrowers may have to plan on resuming their payments shortly after january 31.