Are you or someone you know currently making federal student loan payments? In light of the COVID-19 pandemic, some welcome relief may be on the way.
Thanks to the recent passage of the CARES Act, the U.S. Department of Education will allow you to temporarily halt your federal student loan payments from March 13, 2020 until September 30, 2020.1
What should you do next?
What if I want to keep making payments?
What about the interest?
Remember, if there’s anything I can do to help guide you through this uncertain time, please don't hesitate to reach out.
1. Ed.gov, 2020
2. Studentaid.gov, 2020
Federal Student Loan payments paused due to COVID-19
May 28, 2020