Trump Suspends Student Loan Payments, Standardized Testing

Trump Suspends Student Loan Payments, Standardized Testing

Trump Suspends Student Loan Payments, Standardized Testing

The decision came Friday from Betsy DeVos, U.S. secretary of education, acting on a promise from President Donald Trump to relieve borrowers of the burden. "Right now, everyone should be focused on staying safe and healthy, not worrying about their student loan balance growing".

Those states that are granted a waiver will also get a waiver from the requirement that statewide testing data be used in its accountability system. The new interest rate will be retroactive to March 13. An automatic suspension of payments for borrowers 31-days late as of March 13, 2020, or those who might become 31-days delinquent on payments will also be administered.

The Trump administration announced Friday that states can cancel federally required school testing this year to protect students and teachers, a measure that some states had requested as they shut down schools over the coronavirus pandemic. Senate Democrats want the Education Department to assume loan payments for the duration of the national emergency and then institute a three-month grace period during which borrowers could forgo their payments without penalty. However, schools can and are encouraged to offer supplemental learning opportunities to students using distance learning methods as they see fit.

"Borrowers should contact their lenders", Trump said, adding that it was "going to make a lot of students happy". "The ones that work hard, maybe not". The agency said states can begin canceling tests now if they decide it's necessary as a safety measure. Although most states have moved to computer-based testing, this announcement is a recognition of the reality that schools are shut down and education has been interrupted for most students nationwide.

But some education groups cautioned against any widespread testing waiver, saying states can already apply for individual exemptions under the Every Student Succeeds Act.

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