• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • FOX 40
    • Meet Our Team
      • Our Journalists
      • Sales & Programming
    • Red Cross Support
  • Keeping It Real
  • Contest
  • Programming
    • FOX 40 TV Guide
    • WHAT’S ON FOX
    • WATCH STREAMING NEWS NOW
    • CHURCH PROGRAMMING AND DIRECTORY
  • About WDBD
    • Contact Us
    • Job Listings
  • Advertise With Us
  • MS Help Wanted
WDBD FOX 40 Jackson MS Local News, Weather and Sports

WDBD FOX 40 Jackson MS Local News, Weather and Sports

WDBD Television for Jackson, MS

  • Local News
  • National
  • Sports
  • Puppy Picks
  • FOX 40 Foodies
  • Closing the Gap
  • Weather
  • More…
    • Lifestyle
      • Heart Month
    • Politics
    • Health
    • Science
    • Entertainment
      • Technology
      • What’s on TV?

Coronavirus bill suspends federal student loan payments through Sept. 30, after Trump waives interest

Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here.

The Senate’s new coronavirus stimulus package would suspend federal student loan payments through the end of September, following President Trump’s recent order to postpone borrower payments for at least the next 60 days.

Under the draft legislation, obtained by Fox News Wednesday, federal student loan payments would be suspended through Sept. 30.

TRUMP ANNOUNCES CORONAVIRUS-RELATED SUSPENSION OF FEDERAL STUDENT LOANS

The bill specifies that “interest shall not accrue” on the loans during this period, and that there would be no penalty for student borrowers.

The language comes after proposals from House and Senate Democrats to suspend payments throughout the entirety of the national emergency over COVID-19. Democrats in both chambers had proposed reducing each borrower’s student loan balance by $10,000, a provision that was not included in the draft legislation.

PELOSI WARMS TO SENATE CORONAVIRUS STIMULUS BILL

The bill, at this point, has been embraced by the White House and has bipartisan support in the Senate. House Speaker Nancy Pelosi, D-Calif., also signaled her early support for the proposed stimulus package.

SENATE DEMS PROPOSE SUSPENDING STUDENT LOAN PAYMENTS DURING CORONAVIRUS NATIONAL EMERGENCY

Last week, Trump announced that he had suspended federal student loan payments for “at least the next 60 days,” penalty-free and interest-free. That announcement came after Trump, earlier in the week, waived interest on all federal student loans.

Meanwhile, on Wednesday, Education Secretary Betsy DeVos announced that she also directed the Department of Education to halt collection and wage garnishments to provide additional assistance to borrowers, noting that flexibility would last, also, for at least 60 days.

“These are difficult times for many Americans, and we don’t want to do anything that will make it harder for them to make ends meet or create additional stress,” DeVos said in a statement Wednesday. “Americans counting on their tax refund or Social Security check to make ends meet during this national emergency should receive those funds, and our actions today will make sure they do.”

DeVos’ move also stops the Treasury from withholding money from defaulted student loan borrower’s federal income tax refunds, Social Security and other federal payments.

Primary Sidebar


  • Facebook
  • Instagram
  • Twitter

Follow Us On Facebook


Trending Now

travis-kelce-responds-to-mark-cuban’s-suggestion-taylor-swift-should-dump-chiefs’-star-for-mavericks-player

Travis Kelce responds to Mark Cuban’s suggestion Taylor Swift should dump Chiefs’ star for Mavericks player

house-to-vote-on-cr-funding-bill-as-government-faces-likely-shutdown-this-weekend

House to vote on CR funding bill as government faces likely shutdown this weekend

thousands-of-park-rangers-to-be-furloughed-if-us-government-shuts-down

Thousands of park rangers to be furloughed if US government shuts down

conservatives-call-for-gop-candidates-to-drop-out-after-2nd-debate:-‘time-to-thin-the-herd’

Conservatives call for GOP candidates to drop out after 2nd debate: ‘Time to thin the herd’

new-hampshire-project-to-protect-3,700-acres-of-forest

New Hampshire project to protect 3,700 acres of forest


LOCAL NEWS HEADLINES

Capitol Police investigating alleged road rage incident near stadium

25-acre fire started in Copiah County after 4-wheeler backfires

Body found in Mississippi River, MPD investigates

Hinds County approves spending hundreds of thousands of dollars in payments for cyberattack recovery efforts

Vicksburg football game ends early after 2 fights break out

More Local News

NATIONAL HEADLINES

packers’-matt-lefleur-gets-testy-with-reporter-over-‘bs’-question-after-brutal-loss:-‘we-got-our-a–-kicked’

Packers’ Matt LeFleur gets testy with reporter over ‘BS’ question after brutal loss: ‘We got our a– kicked’

Green Bay Packers head coach Matt LeFleur was blunt in his assessment of Thursday night’s brutal beat down by the Detroit Lions, but he got testy with the media when pressed further for an explanation during his postgame presser. "They manhandled us," LaFleur … Read Full Report about Packers’ Matt LeFleur gets testy with reporter over ‘BS’ question after brutal loss: ‘We got our a– kicked’

every-child-deserves-education-freedom.-let’s-take-it-nationwide

Every child deserves education freedom. Let’s take it nationwide

NEWYou can now listen to Fox News articles! There has been a largely unreported revolution sweeping through several American states in recent years, and it has been helping students achieve better outcomes based on a simple, intrinsically American idea — … Read Full Report about Every child deserves education freedom. Let’s take it nationwide

house-finally-passes-defense-spending-bill-and-two-others,-while-one-fails-in-late-night-vote-series

House finally passes defense spending bill and two others, while one fails in late-night vote series

House lawmakers voted to pass three of four appropriations bills brought to the floor on Thursday night, with defense spending passing along bipartisan lines while their bill on agriculture and FDA spending was sunk by both Republicans and Democrats. The House … Read Full Report about House finally passes defense spending bill and two others, while one fails in late-night vote series

trump-comment-about-punishing-gen.-milley-with-‘death’-causes-major-outcry-from-gop-rivals

Trump comment about punishing Gen. Milley with ‘death’ causes major outcry from GOP rivals

Former President Donald Trump is facing backlash from within the Republican Party after suggesting that outgoing Chairman of the Joint Chiefs of Staff Mark Milley committed crimes worthy of the death penalty.Trump wrote the fiery accusations on his social … Read Full Report about Trump comment about punishing Gen. Milley with ‘death’ causes major outcry from GOP rivals

musk-goes-to-border-to-expose-crisis,-gop-moves-to-defund-biden-official’s-salary-and-more-top-headlines

Musk goes to border to expose crisis, GOP moves to defund Biden official’s salary and more top headlines

Tesla, X *formerly Twitter) CEO Elon Musk paid a visit to Eagle Pass, Texas to see for himself the migrant situation on the ground on Thursday, September 28, 2023. Musk also livestreamed what he saw on X. Good morning and welcome to Fox News’ morning … Read Full Report about Musk goes to border to expose crisis, GOP moves to defund Biden official’s salary and more top headlines

Footer

Public File Info

Individuals with disabilities who have questions about the content of our public file or website may contact RaMona Alexander by phone at
601-948-3333 or by email at RaMona.Alexander@fox40tv.com

»WDBD FCC Public File
»EEO Report
»Closed Captioning
»Advertising Terms And Conditions

 

 

  • Local News
  • National
  • Sports
  • Puppy Picks
  • FOX 40 Foodies
  • Closing the Gap
  • Weather
  • More…
    • Lifestyle
      • Heart Month
    • Politics
    • Health
    • Science
    • Entertainment
      • Technology
      • What’s on TV?

CATEGORIES

  • Local News
  • National
  • Sports
  • Puppy Picks
  • FOX 40 Foodies
  • Closing the Gap
  • Weather
  • More…
    • Lifestyle
      • Heart Month
    • Politics
    • Health
    • Science
    • Entertainment
      • Technology
      • What’s on TV?
GRIT TV Logo
Antenna_TV_logo
GRIT-TV Logo
Antenna_TV_logo

Copyright © 2023 · American Spirit Media LLC · WDBD TV · Jackson MS · Terms of Service · Privacy Policy