Coronavirus tax extension: Why you still might want to file by April 15
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Coronavirus tax extension: Why you still might want to file by April 15

The IRS has pushed back tax day to July 15, 2020. Here’s everything you need to know, including the benefits of filing early. If dealing with the effects of coronavirus has put you behind schedule for preparing and paying your taxes this year, the US Treasury will give you three more months to pay your federal taxes without a...

Posted by April 6, 2020April 6, 2020
Here’s how banks and credit card companies are helping during the coronavirus outbreak
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Here’s how banks and credit card companies are helping during the coronavirus outbreak

Ally Ally customers won’t get charged overdraft fees, excessive transaction fees or fees for expedited checks and debit cards. Fee waivers are in place until at least July 16. If you have questions, comments or concerns, Ally is encouraging customers to use its website, since call wait times will likely be longer than normal. American Express...

Posted by April 6, 2020April 6, 2020
What college students should know about financial help during the coronavirus pandemic
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What college students should know about financial help during the coronavirus pandemic

Colleges nationwide are closing their doors and moving to online-only learning amid the coronavirus pandemic. If you’re left in the lurch, the federal stimulus provides some student loan relief, but you’ll want to turn to your college for answers, too. All students with federal loans qualify to delay payments, interest-free, through September. Some private lenders...

Posted by April 6, 2020April 6, 2020
Cancel Student Loans to Save the Economy Petition
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Cancel Student Loans to Save the Economy Petition

Trillions could be added  into the economy with no new taxes, and nothing added to the national debt.    Retweet This Petition The President is currently enacting economic stimulus measures in the face of impending recession.  He has no great options. The Fed Funds Rate is essentially zero. Taxes on corporations and the wealthy have already...

Posted by April 5, 2020April 5, 2020
Student Loan Covid 19 Care Act Guidelines
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Student Loan Covid 19 Care Act Guidelines

Your payments will automatically stop from March 13, 2020, through Sept. 30, 2020. To provide relief to student loan borrowers during the COVID-19 national emergency, federal student loan borrowers are automatically being placed in an administrative forbearance, which allows you to temporarily stop making your monthly loan payment. This suspension of payments will last until...

Posted by April 5, 2020April 5, 2020
SBA Loans Under the CARES ACT
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SBA Loans Under the CARES ACT

The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), signed into law on Friday March 27, 2020, introduces the Paycheck Protection Program (the “PPP”) with $349 billion in funding and the goal of preventing job loss and small businesses failure due to losses caused by the COVID-19 pandemic.  The new PPP loan program is available for...

Posted by March 31, 2020March 31, 2020
Consumer Financial Protection Bureau
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Consumer Financial Protection Bureau

Beware of scams related to the coronavirus   Scammers are taking advantage of the coronavirus (COVID-19) pandemic to con people into giving up their money. Though the reason behind their fraud is new, their tactics are familiar. It can be even harder to prevent scams right now because people 65 and older aren’t interacting with as many...

Posted by March 30, 2020March 30, 2020
Secretary DeVos Directs FSA to Stop Wage Garnishment, Collections Actions for Student Loan Borrowers, Will Refund More Than $1.8 Billion to Students, Families
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Secretary DeVos Directs FSA to Stop Wage Garnishment, Collections Actions for Student Loan Borrowers, Will Refund More Than $1.8 Billion to Students, Families

MARCH 25, 2020 Contact:   Press Office, (202) 401-1576, press@ed.gov WASHINGTON — U.S. Secretary of Education Betsy DeVos announced today that, due to the COVID-19 national emergency, the Department will halt collection actions and wage garnishments to provide additional assistance to borrowers. This flexibility will last for a period of at least 60 days from March 13, 2020....

Posted by March 25, 2020March 25, 2020
Graduate Student Letter to the Administrators of Stanford University
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Graduate Student Letter to the Administrators of Stanford University

Dear President Tessier-Lavigne: We are currently in uncharted territory. Our political leaders and the American public have finally begun to grasp the severity of the COVID-19 pandemic, which will fundamentally disrupt the daily routines and livelihoods of individuals in this country and across the globe. Hundreds of thousands of people may die; countless others will...

Posted by March 22, 2020March 22, 2020
Trump Waives Interest On Student Loans: 5 Questions
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Trump Waives Interest On Student Loans: 5 Questions

President Donald Trump has some good news: he is waiving interest on student loans held by the federal government. Here are 5 questions for the president to consider. Student Loans: Interest Waiver Trump shared good news with student loan borrowers last week: he’s temporarily waiving student loan interest on all student loans held by federal government agencies....

Posted by March 22, 2020March 22, 2020
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