Student Loan Planner

What the Trump Student Loan Order Means


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In addition to Joe Biden announcing Kamala Harris as his running mate, President Trump issued a student loan order. Trump's order extended some of the relief of the CARES Act but it also comes with some confusion.

In this episode, I'm giving a rundown of the impact it could have and what the order means for you.

In today's episode, you'll find out:

  • Overview of recent events in Washington, DC
  • What Kamala Harris thinks about student loans
  • Which programs Harris thinks should be expanded
  • What I think will happen to student loans if Biden wins
  • Why Trump's student loan order might not be legal
  • Why economic hardship deferment matters when the CARES Act ends
  • The truth about whether payments will resume in October
  • How the suspended payments work under Trump's student loan order
  • Whether the months after September 30th count toward forgiveness
  • What happens to borrowers in default
  • My advice on what you should do based on Trump's student loan order

Full show notes at: http://studentloanplanner.com/90

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Student Loan PlannerBy Travis Hornsby

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