President Trump enacted a series of strong measures on Friday meant to combat the spread of the new coronavirus and curb the economic downfall it has brought about.
In a Friday press conference, Trump announced that the U.S. Department of Education would waive interest on student loans and that borrowers could suspend loan payments for at least 60 days "without penalty." Borrowers would have to reach out to their lenders on their own to initiate that pause, Trump added.
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