Last month, the U.S. House of Representatives passed the HEROES Act, a $3-trillion stimulus bill, that would include additional relief for those with student loan debt. But its unlikely to pass the Senate in its current form. Several Senate Republicans have publicly stated they wont support the legislation, including Senate Majority Leader Mitch McConnell (R-Ky).
So what could be included in the next stimulus bill for student loan borrowers? And what other options do struggling borrowers have?
Student Loan Debt Relief in the HEROES Act
The HEROES Act that passed the House had several provisions that would provide reli…
Read the full article at: https://www.forbes.com/sites/jenniferbarrett/2020/06/07/student-loan-debt-relief-what-are-your-options-now/