FED Hikes Live Online: State Inflation Relief Checks, Student Loan Waivers, Unemployment

People who paid off their student loans during the moratorium period and received returned checks

About 8.8 million borrowers tried to make progress on student loan repayments Under a moratorium on payments and interest. Student Loan Payment Stops Implemented March 2020 It has since been extended several times.

However, the holidays are almost over, Expires December 31, 2022. Millions of borrowers wanted to take advantage of the Federal Student Loan Forgiveness Program announced by President Biden.

Although the program stopped abruptly When about 22 million people had already signed up After an injunction was imposed by a court due to lawsuits from a handful of Republican states. Good news for those who paid off their debt under moratorium.

Despite the injunction, Bloomberg They will be reimbursed as part of the covid-19 relief stimulus program.

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