SUSPEND PAYMENT OF STUDENT COLLEGE LOANS

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By Bob Katzen

The Higher Education Committee accepted written testimony on a bill that would require the Massachusetts Educational Financing Authority and other public agencies and authorities to suspend payment and collection of student college or vocational training loans during the state of emergency declared by the governor until 360 days after the expiration of the emergency. The bill also waives interest on these payments and prohibits the imposition of additional fees as a result of the suspension.

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