The student loan payment pause could be extended again, but borrowers shouldn’t count on it. Instead, experts recommend they take these steps.
"I think that repayment will not restart on Sept. 1 — two months before an election," Kantrowitz said."Most likely, the student loan moratorium will be extended until sometime next year."
All that being said, no official announcement on an extension has been made. Most recently, the Education Department's Under Secretary, James Kvaal,Either way, Kantrowitz said, payments will eventually resume.Here are three steps borrowers might consider taking now.Borrowers should pretend that payments have already begun and direct their usual monthly student loan payment to a savings account, Kantrowitz said. Doing so will make the eventual resumption of payments a little less painful.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Employee shot, critically wounded by robbers at jewelry store in Oak LawnPolice did not immediately specify how much merchandise was taken or its value.
Baca lebih lajut »
Prey Director Hints at More Predator Movies After Prequel FilmPrey director Dan Trachtenberg hints the Predator franchise may continue after the upcoming prequel film. 'There are a lot of exciting ideas for what could be next for the franchise.'
Baca lebih lajut »
Court docs: Federal Way photographer who takes student photos arrested for possessing child pornAccording to the Tacoma Police Department (TPD), detectives served a warrant in Federal Way and arrested the man on four counts of first-degree possessing depictions of minors engaged in sexually explicit conduct. Court documents say the files involved children under the age of 12.
Baca lebih lajut »
2 GOP congressional candidates oppose DC big spending, but took COVID-19 relief moneyFor subscribers: Arizona Republican House candidates Eli Crane and Juan Ciscomani have staked out campaign positions that Washington spends too much money. But both took money from the Paycheck Protection Program.
Baca lebih lajut »
The ugly side to Apple's embrace of third-party payments | Digital TrendsApple is finally opening the AppStore gates for developers to use third-party payment systems, but actually taking that path is risky and cumbersome.
Baca lebih lajut »
Pennsylvania heads into fiscal year without budget in place; no immediate impact expectedPennsylvania is not in danger of running out of money and has plenty of cash to make payments, the Treasury Department said.
Baca lebih lajut »