Trump Suspends Student Loan Payments, Standardized Testing

Date: 2020-03-20 16:40:01


President Donald Trump said Friday that loan payments on federally-held student loans could be suspended for 60 days without penalty as the economy is hit by the coronavirus. #Coronavirus #Covid19 #StudentLoans

He also said the federal government would waive requirements for standardized tests of school-aged children as schools have been shuttered in many states.

Of the loan payments, the president suggested the grace period could be extended if necessary.

“That’s a big thing,” he said at the White House daily briefing. “That’s going to make a lot of students very happy”

Subscribe to our YouTube channel:

Follow QuickTake on Twitter:
Like QuickTake on Facebook:
Follow QuickTake on Instagram:
Subscribe to our newsletter:
Email us at

QuickTake by Bloomberg is a global news network delivering up-to-the-minute analysis on the biggest news, trends and ideas for a new generation of leaders.