WASHINGTON – During the White House coronavirus task force briefing on Saturday, U.S. President Donald Trump announced that all federally-held student loans will be deferred for 60 days amid the nation’s coronavirus (COVID-19) outbreak.
Deferring student loans will provide financial relief to residents impacted by COVID-19 and the nation’s response to it.
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Trump said the White House is still working through the details and did not share any additional information on the plan.