Does The Second Stimulus Package Include Student Loans

Getty getty are student loans included in the new stimulus.

Does the second stimulus package include student loans. A draft summary of a bipartisan stimulus proposal. The bottom line the new stimulus package provides an additional 284 billion. Here s what you need to know.

Student loans house democrats proposed a new 2 2 trillion stimulus package that includes 1 200 second. If you re expecting significant student loan relief you won t find it inside the new stimulus. The second stimulus package for covid 19 includes a new round of paycheck protection plan loans with some new rules to bear in mind.

When considering consumer debt student debt is now second only to mortgage debt. Final stimulus package no further student loan relief congress had appeared likely to extend the existing student loan relief into the spring. Here s what senate republicans proposed for your.

What s in the new stimulus. Student loans congress is close to finalizing a new stimulus package with second stimulus checks of 600 for each individual and child as well as 300 a week of unemployment insurance. The new stimulus package will not include student loan debt forgiveness according to leaders in the united states senate lawmakers are working on a bill to provide another stimulus check unemployment enhancements and protections to businesses all at a lower price than the previous relief packages.

There are several reports that a second stimulus check could be coming as early as august but that could affect those who have student loans. Due to the package s pared down nature some measures will not be included in the new bill.