Which costs allows qualified government borrowers in order to re-finance the government finance whenever rates of interest is reduced
Which costs allows qualified government borrowers in order to re-finance the government finance whenever rates of interest is reduced Recruit: Rep. Bonamici [D-OR] Cosponsors: 7 (7D; 0R) Delivered: NASFAA Conclusion & Studies: This bill would require the Secretary of Education to create an outreach program to borrowers who will be entering repayment after the payment pause created by the COVID-19 pandemic, slated to begin would start at least 60 days prior to the restart of payments, and would include a minimum of 6 reach out attempts, including information like, when the borrower's normal payment will begin and that the borrower may be eligible to enroll in an IDR plan. Special priority for notifications would be given to borrowers who had in the past five years missed a payment in the…