As evidenced by the 94% excellent rating, student loan expert Heather Jarvis was exceptional on this session. Heather provided an easy-to-follow explanation of the changes to most federal student loans brought about by the CARES Act, to include interest waivers for specific federal student loans.
The topics Heather covered include:
• Which student loans qualify for interest and payment suspension and which loans do not
• What the CARES Act means for borrowers using income-driven repayment plans or pursuing Public Service Loan Forgiveness
• Which borrowers may benefit from continuing to make payments
• How to determine whether payments will reduce the principal balance
• Whether this is a good time to consolidate or refinance