Coronavirus and student loans: What borrowers should know

The Department of Education (ED) has taken several steps to help them weather the chaos, but many student loan borrowers are still confused over the options and protections given to them in the CARES Act and other policies. The updated ED website states that the provisions in the CARES Act are intended to “provide relief to student loan borrowers during the COVID-19 national emergency, federal student loan borrowers are automatically being…