Alexa Trump Suspends Student Loan Interest | Alexa Flash Briefing Written by College Coach Guest Authoron March 17th, 2020 Bright Horizons College Coach occasionally features blog posts written by guest authors. You’ll find more information about each guest author in the About the Author section on the blog post. Learn More About College Coach The Trump administration just announced a temporary waiver of federal student loan interest. The catch? Your required payments won’t decrease, but your entire payment will go to principal. This is better for you in the long run, but does not automatically provide short-term relief. If you’re having trouble making payments right now, request a forbearance from your loan servicer. This puts a pause on payments, and, while interest is waived, does not cost you anything. Learn more about how to take advantage of the temporary student loan interest suspension on the College Coach Insider blog at blog.getintocollege.com. Related Resources Read | Posted on June 17th, 2021 Paying for College in the US | Alexa Flash Briefing Read | Posted on June 16th, 2021 What are Satellite Campuses? | Alexa Flash Briefing Read | Posted on June 15th, 2021 Value of a Summer Job | Alexa Flash Briefing
