WASHINGTON - In a Friday press briefing, President Trump announced that the federal government would be waiving interest on all federally-held student loans and allowing for the suspension of payments without penalty for at least 60 days.
Borrowers should contact their lenders for more details.It was also announced that the federal government would not be enforcing standardized testing requirements for students in elementary through high school for the current year.The president highlighted the positive partnerships and initiatives with Mexico and Canada are helping to save lives.RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates. The proposal requires approval from Congress, according to AP.
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