Why you should stop refinancing your federal student loans and other recommendations
President Biden’s administration has extended two major initiatives from now until September 30, 2021, which benefits employees and their family members. 1. Interest will stop accruing. 2. No repayment is required. The media reports the President will take the...
Employer Contribution Benefit Extended until 2025
The latest stimulus bill passed into law includes an extension on tax-free payments by employers to pay down employee student loan debt. This provision originally set by the CARES Act was due to expire on December 31, 2020, but last month’s passing of the Consolidated...
A Little More Relief – But Don’t Wait
CARES Act Relief Extended Until January 31, 2021 On December 4th, the Department of Education extended the deadline for the student loan relief program established under the CARES Act to January 31, 2021, giving America’s 42 million borrowers an extra month to prepare...