Twenty-one of the state’s 24 largest student loan servicers will offer 90 days of forbearance on student loan payments to more than one million residents during the COVID-19 coronavirus pandemic, Gov. Gavin Newsom announced recently.
Newsom credited Illinois Gov. J.B. Pritzker for leading the effort to support borrowers who were not covered by debt forbearance in the $2.2 trillion federal Coronavirus Aid, Relief and Economic Security (CARES) Act.
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