Student Loans In Next Stimulus Package

House democrats proposed a new 2 2 trillion stimulus package that includes 1 200.
Student loans in next stimulus package. This include any proposals to cancel student loans. A joint statement issued by house speaker nancy pelosi and senate minority leader chuck schumer sunday indicated that provisions targeting student loans are included in the newest relief package. Here s what you need to know.
If you re one of 45 million borrowers with student loan debt then you may be wondering whether. The new stimulus package can help you pay off student loans faster. Student loan relief was not extended in the 2 3 trillion coronavirus relief and government spending package signed by president donald trump sunday night.
Two weeks ago a new stimulus package proposal would have extended student loan relief through april 30 2021. The statement applauded the numerous provisions democrats have secured aid the negotiations including an end to surprise billing support for small businesses rental assistance enhanced unemployment insurance benefits nutrition assistance and another round of stimulus checks. Other democrats have proposed pausing federal student loan payments until at least.
Trump on december 27 signed the highly. The new 900 billion stimulus package that president donald trump signed into law has several benefits including a second stimulus check enhanced unemployment benefits and small business loans. Trump postponed federal student loan payments through january 31.
As of now the freeze on student loan payments and collections is set to expire on january 31 part of the cares act the coronavirus stimulus bill passed in march the pause was originally set to.