With regularity, major news sources are publishing articles payday loans New Hampshire about the crushing student loan debt burden
The COVID-19 pandemic has renewed focus on the student loan debt crisis. In response to the pandemic, under a provision in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136, and a presidential order, government-held federal student loans are in administrative forbearance through the end of 2020, meaning that no payments need to be made on the loans and interest does not accrue on the suspended payments during that time.
The CARES Act also made payments on an employee’s student loan principal and interest by an employer under an education assistance program excludable from the employee’s income.Read More »Student loan debt: Tax and other considerations
