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Federal Student Loan Forbearance Extended Through September


Biden has extended federal student loan forbearance through September 30 by executive order. The forbearance was put in place by the CARES Act in March 2020. It has since been extended several times, according to Business Insider. Federal student loan payments will remain paused through September 30, with interest rates at 0%. This puts millions of Americans at ease as the economy continues to suffer due to the virus.

Added on the 20/01/2021 23:30:47 - Copyright : Wochit

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