This Week in Student Loans: August 14, 2020August 14, 2020
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This week in student loans:
Trump Extended Federal Student Loan Relief: Here’s What Experts Say You Should Do If You Qualify
This past Saturday, President Trump signed an executive order to extend the federal student loan suspensions included in the CARES Act, which put all federal student loans into automatic forbearance with 0% interest accrued during the period.
New Details, Timeline Announced For Big Student Loan Servicing Changes
This week, the U.S. Department of Education released new details and a possible timeline for the upcoming loan servicing changes that would impact millions of student loan borrowers.
Student Loan Interest Rates Are Way Down — Here’s How to Refinance in 3 Quick Steps
Interest rates on private student loans offered by banks and online lenders have dropped significantly during the COVID-19 pandemic – here’s how you can take advantage of these low rates by refinancing.
Source: Yahoo Finance
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