President Trump announces temporary halt on federal student loan payments

[Skipper]

The federal government will suspend student loan payments for 60 days due to coronavirus concerns and economic constraints, according to a Friday press briefing by President Donald Trump. “Today, Secretary

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[KRAM1]

Well, super...you get tp accrue two months of interest on your current outstanding balance if you skip the two payments. Folks...if you can pay the monthly p[payment...pay it. This is not a good choice if you are not in any financial strain.  Just sayin......

[El Paso Eagle]

2 hours ago, KRAM1 said:

Well, super...you get tp accrue two months of interest on your current outstanding balance if you skip the two payments. Folks...if you can pay the monthly p[payment...pay it. This is not a good choice if you are not in any financial strain.  Just sayin......

Interest has already been halted

[KRAM1]

24 minutes ago, El Paso Eagle said:

Interest has already been halted

Oh...excellent. Thanks. Still a good idea to make those payments if you can...if interest is stopped...might even make a bigger “hit” on the principal. Since I never had a student loan (nor did any of our kids), not really sure how the repayment works. Thanks for the head’s up here El Paso Eagle.