Stimulus Student Loans Update

What you need to know about student loans.

Stimulus student loans update. Use your 600 stimulus check to pay off student loans. Student loan relief was not extended in the 2 3 trillion coronavirus relief and government spending package signed by president donald trump sunday night. Further reading ayanna pressley.

Two weeks ago a new stimulus package proposal would have extended student loan relief. That has left many with questions particularly student loan borrowers. Biden should cancel.

Senate gop wants stimulus checks but not student loan relief. The new stimulus package includes a 600 stimulus check for each individual taxpayer with an adjusted gross income of 75 000 or less or. Text of the stimulus bill released on monday confirms that it does not include an extension of student loan relief.

First while student loans were dropped from the most recent stimulus package congress could cancel 10 000 of student loans. Senior officials of the incoming biden administration say. Joe biden plans to continue the pause on federal student loan payments and accumulating interest but ask congress to pass student loan forgiveness.

Trump on december 27 signed the highly. Administration officials say the president elect still supports the move.