Nearly 25% of people with student loans working in nonprofits or public service have had a significant change in their work situation during the pandemic” great article about the pandemic’s impact on eligibility for Public Service Loan Forgiveness.
President-elect Biden has endorsed canceling $10,000 in federal student debt per borrower through legislation …But Democratic leaders are pressing for up to $50,000 of debt relief per borrower, executed on Day 1 of his presidency
If you’re worried about resuming your student loan payments this January, there are options for you.
Our president Betsy Mayotte, advises borrowers to prepare for the worst but hope for the best, here is why. https://www.cnbc.com/2020/11/19/the-pause-in-student-loan-payments-may-soon-end-heres-how-to-prepare.html
With more than 40 million student loan borrowers in the US, ending the payment suspension could be detrimental to individual borrowers, the economy, and even loan servicers. https://www.businessinsider.com/federal-student-loan-payment-freeze-ends-december-31-whats-next-2020-11