Stimulus Package Student Loan Relief

The 748 billion relief package does include a student loan deferment that would last.

Stimulus package student loan relief. 4 a one month extension on deferments to jan. Congress is expected to pass a 900 billion coronavirus relief bill that includes 600 stimulus checks and 300 in enhanced unemployment benefits. The price tag for the relief package called the american rescue plan is likely to face pushback from republican lawmakers who last year resisted democratic efforts to pass a 2 trillion bill.

While congress can pass standalone legislation or incorporate these policies into the new stimulus package sanders says. In addition to helping with your student loan repayment you can save income taxes. Other democrats have proposed pausing federal student loan payments until at least.

Student loan relief was not extended in the 2 3 trillion coronavirus relief and government spending package signed by president. While student loans were dropped from the most recent stimulus package it s possible that congress may. Getty student loan payments are set to resume in february 2021.

Notably missing from the package is the pause of. Secretary of education betsy devos announced on dec. How congress can cancel student loans and pass 2 000 stimulus checks.

600 stimulus checks for people who made. Despite the stimulus deal s shortcomings on student loan relief the bill will nevertheless contain other important provisions including the following. Could give 1 875 stimulus checks for 8 months for same cost as 2017 trump tax cuts says robert reich what the stimulus package means for your student loans enacting additional student loan.