Extension Logo
Extension Logo
University of Minnesota Extension
https://extension.umn.edu

Extension is expanding its online education and resources to adapt to COVID-19 restrictions.

Student loan repayment and the CARES Act

See this page in: English

PUB. L. 116-136 CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT

In response to public health and economic needs due to the Coronavirus pandemic, Congress passed emergency legislation that was signed into law by President Trump on March 27, 2020. Included in this legislation are several provisions to provide temporary relief to the 44.7 million Americans with student loan debt. 

This page provides a summary of key provisions included in the legislation. Keep in mind that with all new legislation, questions are likely to arise as details of the legislation are worked out. Resources are provided at the end of this summary so that borrowers have access to accurate and updated information as the implementation of the legislation progresses.

Student loan repayment FAQ

 | 

Joyce Serido, associate professor, family finance

Reviewed in 2020

Share this page:

© 2020 Regents of the University of Minnesota. All rights reserved. The University of Minnesota is an equal opportunity educator and employer.