Wednesday, December 22, 2021

College Borrowers Get Another 90 Days Loan Forbearance (Hope I Win the Lottery in the Mean Time!)

President Biden announces that student loan payments for 41 million borrowers will be paused with 0% interest until May 2022. You can read the White House Press Release HERE. That is something students and borrowers will likely cheer.....now maybe they can win the lottery and pay off the rest when its due (Disclaimer: Its probably not a good strategy.😏 No seriously, the odds are against you. You don't need to be the Rain Man to figure it out. "Definitely yes definitely." ).

No comments:

Post a Comment