After Megan Pearson’s job as a restaurant server was put on hold because of COVID-19-related stay-at-home orders, the single mom had to figure out how to come up with the rent for her apartment in Brooklyn, New York. “I posted my frustration on Facebook with trying to get through to unemployment the first week,” Pearson … Continued

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The economic fallout from the coronavirus pandemic could be profound. Many people are already losing jobs, with unemployment jumping at a record pace. Even those who stay employed may face reduced hours or uncertainty about how long their paychecks will continue. If you’re in a situation where you can’t pay all your bills, or likely … Continued

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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

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