Latest Stimulus Package Would Include Second Stimulus Checks, But Not State Aid; Here’s Why It’s A Good Tradeoff
Unfortunately, it's likely that some income caps would apply to this forgiveness, although there is no firm discussion yet. For example, Biden supports the HEROES Act, which would offer forgiveness only for borrowers who are economically distressed.In the meantime, you still don't have to make a payment on most federal student loans until after January 31, 2021. Further, the interest rate on eligible federal student loans is still set at 0% until then.
Further, he hopes to make it easier for the Consumer Financial Protection Bureau to punish private student loan companies who aren't being transparent with their customers, as well as those who don't offer flexible payment plans to borrowers experiencing financial hardship.With all the talk about erasing current student loan debt, many wonder what happens with the future students of the country.
I like to opt out... I don’t wish to pay for other’s student loan... I will continue to pay for my own...
forbes is owned by the CCP
Soooo how much are we betting that nothing will change? Bc it won’t.
Borrow more since you don't have to pay it back later?
thanks
Nothing. We should expect nothing.
Sell off bloated university real estate assets to pay off student debt.