President Trump signed an Executive order, extending the CARES Act benefit of suspending federal student loans. This will give student loan holders more time to make payments if they want, or not worry about making student loan payments.
0:00 – Start
1:05 – What does it do for you?
2:02 – Income Based Payments?
2:59 – Standard Payment Plans
3:56 – Wage Garnishing
4:17 – Wrap Up
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23 comments
FIRRRRRRST
Awww man. I paid my student loans off completely at the first month because I knew the deadline was coming up soon. Oh well. I'm student debt free!!!!
Nice if it helps you out. Great advice about keeping up the payments if you are able.
suspending the payments wealthy kids who can afford to attend college?! WTH!
Hope the government sends me a stimulus check so they can pay themselves back for my student loans
Not surprised, the Donald is doing everything to vie for votes 😂.
Dustin thanks for making videos like this. I remember the days of student loans for my wife and I and I know that sometimes you just need a break from them…more so during such times. Happy to hear that there is some relief as student loans in and of themselves are a huge weight on the finances of folks.
This would be great if you're repaying your loans on regular payment plan. Throw all the money you can if you're not strapped for cash.
This is huge. I think I commented on a previous video how the student loan freeze is more beneficial than the stimulus check for some. Man is this huge.
Nice hat! And thanks for the info and the engaging, personable videos, as always.
I remember when I was paying off my student loans and I did some crazy stuff to cut costs just to get those damn loans paid off, but it was worth it. Took a solid 4 1/2 years.
I work at the hospital on public service loan forgiveness with over $1000/month payments. This is wonderful news…
Thanks Dustin, my son just graduate from Emerson in May and his/ I mean my loans start in November.😫
You really think that anything trumpy does will stand up to the court challenge? Dream on.
Wasn’t this only a memorandum. Not an official executive order?
I'm a fan of the hat! Fortunately, this doesn't effect me but this is good news. Take care Dustin and stay safe!
Wow, I've been freed up from paying student loans since March and it's still counting toward my student loan forgiveness. And now it's being extended to the end of the year – sweet. Thank you President Trump!!
Damn bro, you're cute and most def have a bangin bod ;D whats up
Geez mine is owed next month i dont have it
Are they giving us money again for the student loan crap
I went to crappy college back in 2008 its terrorible!
I dont have any more are they sending more money for it?
Dude, you need to do more research before you go posting videos just contributing to more confusion and frustration in students, President Trump specifically stated that loans HELD with the USDOE will be suspended, that doesnt mean loans being collected on by guarantors, that doesnt include defaulted loans, and that is not a rule for all student loan collection agencies across the board! Youre just trying to make a name for yourself on youtube and you dont really seem to care how much damage you cause doing it