Student Loan Forgiveness Due To COVID-19

The Credit Pros Podcast
25/07/2025 2 min
Student Loan Forgiveness Due To COVID-19

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Episode Synopsis

The CARES Act provides economic relief for federal student loan borrowers due to COVID-19, setting interest at 0% until September 30, 2020. Private loans are not covered, but some lenders offer forbearance options. The act aims to help graduates manage debt during reduced income or unemployment periods.

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