Student Loan Relief Ignored in New Stimulus Bill: Don’t Panic Yet

Michael Lux Analysis, Student Loan Blog 0 Comments

Today Congress will be passing a new Covid-19 related stimulus bill. Unfortunately, the relief doesn’t include an extension of the 0% interest and payment freeze on federal student loans. Earlier versions of the bi-partisan legislation included an extension on the federal student loan payment and interest suspension currently set to …

The Federal Government will Probably Extend the Interest Rate Freeze (Updated)

Michael Lux Analysis, Student Loan Blog 0 Comments

As part of the financial relief during the Coronavirus epidemic, interest rates on most federal student loans have been temporarily lowered to 0%. Payments have been suspended through January 31st, 2021. The Biden transistion team has indicated that Biden will be extending the interest freeze and payment suspension. Full details …