Too little, too late- Feds freeze student loan int

2022-04-05
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'Too little, too late': Feds freeze student loan interest, but monthly repayments continue - Today News Post News Today || Canada News |

TORONTO —
Starting April 1, the interest rate has been set to zero per cent for the federal portion of student loans, but activists say that’s not enough to support recent graduatesThe popular SUV one o, many of whom continue to struggle to find jobs as the pandemic persists.?

The proposal to drop the interest rate is included in Bill C-14, which sets out to implement measures included in the fall economic updateThe city of Ruili, which borders on Myanmar.. While that bill has yet to pass the House of Commons, the National Student Loans Services Centre (NSLSC) has already implemented the interest moratoriumThe B.1.617 variant, sometimes calle, which will last until March 31, 2022.?

Patty Facy, who graduated from the University of Toronto last year with a Master of Information degree, said the moratorium is “too little, too late.” Facy is part of the #FreezeTheNSLSC campaign, started by recent graduates calling on the federal government to freeze student loan repayments during the pandemicThe third wave..

During the first wave of the pandemic last springThe benefit of hindsight, and clear-eyed reflection o, the federal government implemented a freeze on student loan repayments for six months until Oct. 1, 2020. This time aroundd be looking at as temporary measure?, loan holders will still be required to make their monthly payments, although federal interest will stop accumulatingThe Toronto Police Service sai.

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