Trump extends student loan relief through year's end

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President Donald Trump on Saturday signed an executive order extending relief to student loan borrowers through the end of the year

The Senate GOP stimulus plan released last month would allow the CARES Act student loan relief to expire. But there have been increasing calls from Republicans to provide an extension of those benefits.

Trump’s order directs Education Secretary Betsy DeVos to take the necessary steps needed to continue the temporary pause on payments and the waiver of all interest on student loans held by the Education Department until Dec. 31.on federally held student loans, and the Education Department said borrowers could stop payments if they first contacted their loan servicers.

The CARES Act, for example, requires the department to send out notices to borrowers about the Sept. 30 expiration of benefits. The department had been preparing to begin sending those warnings as early as next week, and it is unclear whether the administration has the authority to halt them.

 

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AND HIS DOWN BALLOT REPUBLICAN QUACKS?

So if they don't pay their student loans until the end of the year, will the interest be abated until the end of the year? Added!

Since Trump lies so much to all of us, I don’t believe anything he say nor does! He erased Obama’s executive orders he will do the same to himself, why coz he himself says “ I can do whatever,I want, I have a lot of power”Trump is playing with our minds, DON’T LET HIM FOOL YOU!🤔

This horse's butt really believes that he's a king. Deranged!

Headline that would better serve the readers would be. President Sign an EO to cut the payroll tax that will eliminate Social Security and Medicare. Included in this bill is a ⬇️ of COVID-19 unemployment insurance from $600.00 to $400.00 a week. Is this fucking EO Constitutional?

oooooh

What about the fake tax cuts. You know the tax cuts Trump passed for the American people! Those that were permanent for the rich and temporary for us little folks!😂

Thank you PresTrump for stepping in while Congress is again MIA! The never-ending political games are exhausting & I’m glad you took the bull by the horn & dealt w/situations that should’ve been handled weeks ago! Wish we could withhold their paychecks until they return to work

TRUMP ADMINISTRATION WORKS

Just another dictator stunt. The House passed the HEROES Act in May that would provide REAL relief. But McConnell and the GOP can't agree on what they want so nothing happens. McConnell is the blockade and Trump is the Con Man. Both ignore the law.

Only effects 1/3 of those students because he only has power over federal loans. This EO is all smoke and mirrors. WhiteHouse PressSec GOP realDonaldTrump

WHATEVER EXECUTIVE ACTIONS HE SIGNED IN FRONT OF HIS ADORING “GOLF CLUB BUDDIES “ DOESN”T GO NEARLY ENOUGH TO HELP THE AVERAGE AMERICAN WHOM HE HAS NEVER MET(ANOTHER POLITICAL STUNT BY THIS PRESIDENT TO SHOW HIS LOYALISTS THAT HE CAN TAKE DECISIVE ACTION AS WRONG AS IT IS..)

*Human and Nature Lover* 🇺🇸Donald J.Tuump hy hy🇺🇸 ❌East India Underworld,Terrorist, kidnapper,Rapist,Killer,Thief Bye Bye ❌

Charging 0 interest and stopping payments is huge

So that he POTUS45 could stall any challenge to his effort to screw with the postal system and emergency funding to states, cities, schools.

Desperate and grasping.

Why is THIS your headline?!

Must have made DeVos mad.

Why is he dissecting the stimulus package when the whole package can be done with same order.

Desperation makes him turn on his Party.

lol that’s your takeaway from the unconstitutional mess he unleashed yesterday?

Stop.... best day trump ever had!

Great, but I don't like him taking away our Social Security and Medicare!

JonaOrbe

Exec order or not it was a way to get the Dems off their a** & pass a bill w/o all the bulls*** that SpeakerPelosi keeps trying to throw in just like with the last one!!

Ya, from $600 to $300 per week and another $100 if your state kicks in?

Thank you Mr President Trump 👏👏👏👍🎉

I just want off their list of people to call with their good news. Got my last degree in 2000-all student loans have been paid for years yet I still get their calls.

Big deal! He hasn't the Authority! He loves using a sharpie from his old coloring book days or is that still one of 'You have been a bad boy today. Go to the Big office and sign your name 3 times on a fake piece of paper.' ProjectLincoln therecount

That was really white of him. 😐

Trump calls for dissolution of Social Security if he’s reelected since he wants to eliminate the payroll tax which pays for it. Why are seniors and fiscal conservative’s not up in arms about this ?

Does anyone have a list of what was signed, which was the EO and which were office memos? I've seen plenty of articles about what he signed, but they go into great detail without providing that basic information!

Pretty sure it wasn’t an Executive Order.

Trump is a F’ing Liar. July 31, 2014 President Obama signed that into Law.

Wow! He is working hard to circumvent his Failed presence in office 😂😂😂😂😂😂by signing and will claim the first and only with more EOs!!!!

Wow, isn’t trump kind?! And trump didn’t suspend student loan payments due but suspended interest from accruing. Thx. The bottom line is Pelosi & Schumer object to trump & McConnell refusing the part of the Bipartisan House Bill that extends payments at $600/wk. McConnell thinks

PRETENDING AGAIN THE DISMAL FAILURE IN CHIEF CAN RESCUE THE FINANCIALLY DEVASTATED WITH A SIGNATURE WHILE 50 MILLION CASES OF COVID KEEPING RACKING UP DEATH’S WHILE THE MASTER BUFOON OF BOGEYS MIRED IN A SAND TRAP TURNS A BLIND EYE AND A TIN EAR.

With the job outlook down the drain & record unemployment students need more time than that to get back on track

'The pen-and-phone theory of executive lawmaking is unconstitutional slop,' Sen. Ben Sasse..President Trump does not have the power to unilaterally rewrite the payroll tax law. Under the Constitution, that power belongs to the American people acting through members of Congress.'

Executive orders are not bills.

it means nothing. it was a shitshow of lies and self aggrandizement, and illegal measures. it was truly shameful

steping in the foots of the late great president benjamin franklin 😍 keep fighting donald your a brave men and class act

these comments about to be salty af

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Trump signs orders aimed at extending some pandemic relief after Congress fails to reach a dealPresident Trump's orders extend unemployment benefits, provide a payroll tax holiday, defer student loan payments and extend the federal moratorium on evictions. That is not what this is, you hacks. NO HE DID NOT. He does not have the power to do that. YOU KNOW THIS (or should) - CALL OUT THE LIE. USE YOUR WORDS ...
Source: CNBC - 🏆 12. / 72 Read more »