Student loan borrowers with cancer can apply to put their bills on hold. The problem? Six months after the law went into effect, the application isn't out yet.
On Sept. 28, 2018, President Donald Trump signed into law a bill allowing people with cancer to put their student loan payments on hold. The rollout of the new program has been rocky.
"From talking to a couple of loan servicers about this, they have been frustrated by the lack of direction that they've gotten from the Department of Education," said Colleen Campbell, associate director of postsecondary education at the Center for American Progress. Throughout the last year, Tanner has spent weeks in the hospital, had three abdominal surgeries and lost more than 70 pounds.
"They were very clear, 'The interest will continue,'" he said,"They weren't going to do anything in line of trying to get me into a full deferment via the program." Yet there was likely a reason the provision didn't come with a lag time, Kantrowitz said:"Cancer patients can't wait." U.S. Education Department Press Secretary Liz Hill said the agency has established an interim process that allows borrowers to stop making payments on their loans as it works to implement the law passed by Congress. She also asked for borrowers running into issues to contact them at StudentAid.gov/feedback.
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