What The New Stimulus Package Means For Your Student Loans

What The New Stimulus Package Means For Your Student Loans

Senate Republicans launched their stimulus package deal yesterday.

Here’s what you must know.

Student Loans

Senate Majority Leader Mitch McConnell (R-KY) and a number of senators launched the Heals Act (Health, Economic Assistance Liability Protection & Schools Act), a ~$1 trillion stimulus package deal proposal. The stimulus package deal consists of, amongst different initiatives, second stimulus checks, unemployment advantages, faculty funding and extra Payment Protection Program (PPP) funding. The Heals Act additionally consists of some student loan aid, however not what it’s possible you’ll assume. Let’s dive in.


READ:   Student Loans Credit Union | PSFCU