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In March 2020, the CARES Act passed by Congress included a pause on federal student loans repayments and interest until September 30, 2020. [8] On August 8, 2020, the Trump administration issued a memorandum instructing the Secretary of Education to pause on student loan payments and interest through December 31, 2020 using the authority ...
This drive for a fresh batch of student debt relief comes shortly after Washington canceled another $4.9 billion in student loan debt for an additional 73,600 borrowers.
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Retiring without debt is the dream, but this isn't always feasible. According to the Federal Reserve, Americans age 60 and up carry around $126.6 billion in student loan debt alone -- that's way...
In addition, the new GI Bill 2.0 includes new tuition and fees coverage caps for veterans attending private universities - $17,500 a year, prorates the housing stipend based on the student's rate of pursuit, and eliminates the "interval pay" which allowed veterans to continue to receive payments during scheduled school breaks (i.e. winter and ...
The president said military vets won't have to pay federal income tax on the forgiven debt and called on states to waive their taxes on the loans, too. Trump signs student debt forgiveness for ...
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