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If you’ve been walloped by the economic fallout from the coronavirus pandemic, taking advantage of the federal student loan repayment suspension and interest freeze is a no-brainer. You can now stop making your payments and enjoy the six-month, interest-free period handed down by the U.S. government. But what if you can afford to keep putting money toward your education debt? For you, taking advantage of the federal student loan interest freeze might mean something else entirely. Here’s how to know… … when it makes sense to keep making federal loan payments … when it makes sense to sit back during the federal student loan interest freeze When it makes sense to keep making federal loan payments As you’ve likely heard, the government has enacted a six-month suspension of student loan payments — technically, an “administrative forbearance” — that allows most federal loan borrowers to take a penalty-free break from payment through Sept. 30, 2020. And yet, continuing to make payments...
Normal life has been upended for individuals and big industries alike due to the coronavirus pandemic. Not only is Netflix providing entertainment for millions as they navigate social distancing, but the streaming service is also offering financial relief. On Friday, Netflix CEO Ted Sarandos announced that the company has set aside $100 million to help workers in the creative community. The mission is to support those who have been most affected by the COVID-19 crisis, including “electricians, carpenters, drivers, hair and makeup artists and more.” “Almost all television and film production has now ceased globally – leaving hundreds of thousands of crew and cast without jobs,” Sarandos wrote. “Most of the fund will go towards support for the hardest-hit workers on our own productions around the world.” The entertainment giant plans to distribute $15 million to “third parties and non-profits providing emergency relief to out-of-work crew and cast in the countries where we have a...
With schools, restaurants, and the suspension of events thanks to coronavirus, families have scrambled to maintain normalcy. Amid the global crisis, access to essentials, such as food, household items, and income has slowed or stopped altogether. With this pandemic taxing U.S. citizens in unprecedented ways—mentally, physically, and financially—several Black celebrities have stepped up to give back to those most affected by social distancing and closures. From athletes to actors and from funds to free entertainment, here are all the ways the biggest stars are lending a helping hand to families, kids, and companies, in need, and alleviating anxiety. Debbie Allen teaches a free dance class on Instagram Live. Legendary dance instructor and Emmy award-winning actress Debbie Allen is teaching a free dance class on Instagram Live. On Wednesday (March 18), let off some steam and learn hip-grooving moves to get your body moving from the Debbie Allen Dance Academy founder herself. Tune in at...