What kind of loans and borrowers are eligible for student-loan relief? If you can afford to make monthly payments during the suspension period, should you? Here's what to expect from President Trump's executive action
In March, Congress passed a law that gave most of the borrowers in the $1.5 trillion market for federal student debt a six-month interruption of monthly loan payments and interest accruals.
With the Sept. 30 expiration of that relief looming, President Trump signed an executive action Aug. 8 that continues the moratorium on monthly payments through the end of the year.
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Trump WeChat ban worries business leaders at Apple, Disney, Walmart - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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President Trump's promises to prevent evictions offers ‘false hope,’ experts sayEven though President Donald Trump claimed one of his executive orders this weekend would forestall evictions, the action falls short of actually preventing Americans from losing their homes, according to experts.
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Trump's New Executive Actions Are Full of Empty PromisesIn the absence of a new coronavirus relief bill from Congress, President Trump signed new executive orders. On their face, the orders seem promising—enhanced unemployment benefits, a payroll tax deferral, housing benefits and a pause on student loans. However, a deeper dive shows the orders are in no way enough to provide substantive relief to Americans during this economic crisis.
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Trump’s Executive Actions Didn’t Even Do the Bare Minimum They Could HaveThere was a way for Trump to actually help Americans, not just look like he is. He didn't bother.
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