Colleges nationwide are closing their doors and moving to online-only learning amid the coronavirus pandemic. If you’re left in the lurch, the federal stimulus provides some student loan relief, but you’ll want to turn to your college for answers, too. All students with federal loans qualify to delay payments, interest-free, through September. Some private lenders … Continued
Federal student loan borrowers will see payments automatically suspended — without incurring interest on them — for six months, according to a measure included in federal stimulus package released Wednesday. This policy applies only to federal loans, not to private student loans. This option, called a forbearance, will run through Sept. 30. You will be notified … Continued
The first student loan bills are arriving for the Class of 2019. If the grads are able to stick to the standard plan, they’ll make payments every month for the next 10 years and be done with it. But not all borrowers will knock out their loans so quickly. Among federal loan borrowers who began … Continued