What To Know About Trump’s New Student Loan Forbearance Orders

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donald trump and student loans

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Federal is better for the future

Many of the low-interest private loans being offered to potential refinancers are also variable, so they could change, whereas interest rates on Federal loans are far more stable. And, Lewis reminds borrowers that, there may be other times in the future when they may need economic forbearance programs but, once again, having a private loan would likely make them ineligible for those.

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