As we've noted in an earlier post, millions of students are not in school (college, vocational, or other higher education when they normally would be. Classes have moved online or been cancelled entirely for the academic year. For those with federal student loans, repayment has been paused under the CARES Act, at no penalty for the borrower. What should you do now, if you are a student or former student with loans? Read on for updated information and resources.
What The CARES Act Means For Your Student Loans (NPR)
A brief Q&A on basic information and first steps, from confirming whether your loans are eligible for forbearance, to avoiding a scam.
AARP Answers: Student Loans and the Coronavirus (AARP)
Another Q&A, this time from the perspective of those who are not a stereotypical 'college age' student or former student. A whopping 20% of student debt holders are over 50, and in need of resources and advice.
Department of Education FAQ on Student Loans
Student Loans and the CARES Act Webinar
Presented by Seyfarth Shaw LLP.
The CARES Act blog is intended to provide information and is accurate and true to the best of the author's knowledge. The author is not a legal, medical or financial professional and the information presented should not be considered advice and is for reference only. Lehigh Valley Public Media and its employees claim no liability for any actions taken by readers based on the information provided here.