In addition to Joe Biden announcing Kamala Harris as his running mate, President Trump issued a student loan order. Trump's order extended some of the relief of the CARES Act but it also comes with some confusion.
In this episode, I'm giving a rundown of the impact it could have and what the order means for you.
In today's episode, you'll find out:
- Overview of recent events in Washington, DC
- What Kamala Harris thinks about student loans
- Which programs Harris thinks should be expanded
- What I think will happen to student loans if Biden wins
- Why Trump's student loan order might not be legal
- Why economic hardship deferment matters when the CARES Act ends
- The truth about whether payments will resume in October
- How the suspended payments work under Trump's student loan order
- Whether the months after September 30th count toward forgiveness
- What happens to borrowers in default
- My advice on what you should do based on Trump's student loan order
Full show notes at: http://studentloanplanner.com/90
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