October loan payments will still be due, but an extended shutdown could impact customer service.
On Monday, White House Press Secretary Karine Jean-Pierre
Again, that doesn't excuse borrowers from making their first payment. That obligation, as well as the accrual of interest, would continue onward like a ghost ship."We have enough funding to continue operations at [loan] servicers for at least a few more weeks," Kvaal told NPR on Friday."After that, there is potential that there could be significant disruption to the service we provide to borrowers, including call center operations.
In the servicers' defense, their budgets have been cut by the Education Department even as they're scrambling to hire more call center workers.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Explainer: What Would Shutdown Mean for Me?With gridlock persisting in Washington, a government shutdown is looking more and more likely ahead of Saturday night's deadline.As the Senate marches ahead with a bipartisan approach aimed at keeping the government open, spending measures are still struggling to pass the...
Baca lebih lajut »
What a government shutdown could mean for you: Air travel, social security and moreWith gridlock persisting in Washington, a government shutdown is looking more and more likely ahead of Saturday night’s deadline. Here’s what it could mean for you.
Baca lebih lajut »
What a government shutdown could mean for youCBS News business analyst Jill Schlesinger discusses what a federal government shutdown could impact and what government services will continue running.
Baca lebih lajut »
A government shutdown: What does it mean — including in Southern California?The federal government is heading toward a shutdown this weekend that will disrupt many services, squeeze workers and roil politics.
Baca lebih lajut »
What a shutdown would mean for student loan borrowersOctober loan payments will still be due, but an extended shutdown could impact customer service.
Baca lebih lajut »
What a shutdown would mean for student loan borrowersOctober loan payments will still be due, but an extended shutdown could impact customer service.
Baca lebih lajut »