Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

GOP stimulus bill would give DeVos authority to defer student loan payments, extend flexibility to schools


March 23, 2020

Senate Republicans’ economic stimulus package unveiled Thursday includes provisions aimed at shielding students and student loan borrowers from unintended financial consequences during the COVID-19 pandemic.

As student loan borrowers may have more trouble making regular payments, the bill would give Education Secretary Betsy DeVos the ability to defer payments, principal and interest, for three months.


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