Does New Stimulus Bill Include Student Loans

However the stimulus bill just passed by congress does extend one of the other student loan benefits that was included in the cares act a provision that allows employers to pay up to 5 250 on their employees student loans tax free.

Does new stimulus bill include student loans. The stimulus package includes among other initiatives second stimulus checks unemployment benefits school funding and more payment protection program ppp funding. Congress did include student loan relief in the first stimulus bill. Although the new stimulus package does not include student loan relief it does feature several other measures relating to the topic.

However that particular relief has already expired. Congressional help isn t necessary. It s likely that 2 000 stimulus checks as well as state and local aid will be included.

Politico and other outlets are now reporting that the new stimulus bill will not include an extension on student loan relief. Here s what you need to know. While student loans were dropped from the most recent stimulus package it s possible that congress may.

New coronavirus stimulus bill does not include student loan relief mandatory payments are set to resume in february 2021. The heals act also includes.