Student Loan Emergency Relief Extended until Sept 30, 2021.
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was passed, suspending loan payments, stopping collections on defaulted loans, and setting a 0% interest rate. The CARES Act has since been extended on Federal students loans until...
Why you should stop refinancing your federal student loans and other recommendations
President Biden’s administration has extended two major initiatives from now until September 30, 2021, which benefits employees and their family members. 1. Interest will stop accruing. 2. No repayment is required. The media reports the President will take the...
A Little More Relief – But Don’t Wait
CARES Act Relief Extended Until January 31, 2021 On December 4th, the Department of Education extended the deadline for the student loan relief program established under the CARES Act to January 31, 2021, giving America’s 42 million borrowers an extra month to prepare...
The #1 Thing to Do Right Now to Prepare for Student Loan Repayment
Nearly 45 million Americans—about 1 out of every 5 adults—are carrying some form of student loan debt. At the start of the COVID-19 pandemic, the CARES Act aimed to help those in debt by suspending payments, stopping collections, and waiving interest on all federal...