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RICHMOND, Va. — Despite a recent extension of student loan relief, experts suggest borrowers should begin preparing now for repayments to begin."The best thing you can do right now is to set a plan forward for your repayment," said Andrew Pentis, who works with LendingTree. "It's possible that this moratorium could be extended by the Biden administration or the newly-elected Congress. But Biden takes office on Jan. 20 and the current moratorium is expected to end right now at Jan. 31. So that only leaves you know less than two weeks for a decision to be made on whether the moratorium will be extended."Pentis said that since March, millions of student loan borrowers have been given an administrative forbearance, which suspended payments and interest and stopped collections on all defaulted student loans. He said borrowers with government-held federal student loans did not incur penalties during the moratorium."If you have an eligible federal student loan and you're seeing any of those negative impacts such as your credit score being affected your credit report showing and delinquent account, it's best to contact your federal loan servicers," Pentis said.For borrowers struggling to afford payments, Pentis suggested they enroll in an income-driven repayment plan to lower monthly payments. "You could also pause your payments via a deferment for unemployment or other economic hardship reasons," he said.He said hoping the government will simply wipe away the more than trillion in student loan debt is not a wise option."There are billions of dollars worth of private student loans and student loans that are no longer in the hands of the federal government," he said. "So even if both major political parties got together and decided this is what they wanted to do, it's unlikely that we would see more than a trillion dollars actually went away."While Pentis says it is best to plan to restart payments at the end of January, reports surfaced on Thursday that Congress is close to striking a deal on more COVID-19 stimulus that could include more student loan relief.This story was originally published by Shelby Brown on WTVR in Richmond, Virginia. 2181
Rolling Thunder, the annual event where hundreds of thousands of motorcyclists come to the nation's capitol to honor service members killed in action or taken as prisoners of war, will hold its last event in Washington next year.The last ride will be next Memorial Day weekend, on Sunday, May 26, 2019, a spokeswoman for the organizing group confirmed to CNN.Organizers said the costs of putting on the national ride have become prohibitive, with last year's event costing about 0,000 in various related expenses."It was a tough decision for us to make," spokeswoman Nancy Regg told CNN.Instead of the gathering at the nation's capital, there will be regional events organized by various chapters to honor those killed in action or who were prisoners of war, according to the group.Next year will mark the 32nd ride in Washington since the event was first held in 1988. Then-presidential candidate Donald Trump spoke at the gathering in 2016.The riders start at the Pentagon parking lot, ride over a bridge into DC, circle the National Mall and end by the Vietnam Veterans Memorial. 1103
SACRAMENTO, Calif. (KGTV) -- Authorities gathered Wednesday to announce that a suspect in the decades-long Golden State killer case was arrested.Joseph James DeAngelo, 72, was arrested in connection with a series of killings, rapes and burglaries. DeAngelo is suspected of killing a least 12 people, raping at least 45 women and committing more than 120 burglaries in the decade between 1976 and 1986.Most of the crimes took place near Sacramento and in the east Bay Area, authorities said Wednesday.RELATED: Suspect identified, arrested in East Area Rapist/Golden State Killer caseClick through the timeline below to see a list of major events in the case: 670
SACRAMENTO, Calif. (AP) -- Arnold Schwarzenegger and three other former California governors have joined Gov. Gavin Newsom in a video campaign promoting use of face coverings to prevent spread of COVID-19.The public service announcement released Monday also features Jerry Brown, Gray Davis and Pete Wilson.The message is that nobody wants to wear masks but COVID-19 is still spreading and halting it is important to keeping people safe, reopening businesses and putting people back to work.The video follows Newsom's recent order requiring Californians to wear masks in high-risk settings.Schwarzenegger tells viewers wearing a mask is not about being weak and they should just do it. 693
RIVERSIDE, Calif. — Pastor Greg Laurie of the prominent California-based church Harvest Christian Fellowship confirmed he has tested positive for COVID-19.Laurie said in an Instagram posting Monday that he tested positive on Friday and has been in quarantine since then with his wife, but so far all members of his family have tested negative.“My symptoms have been mild so far, and I expect to make a full recovery,” he wrote. “I have always taken the Coronavirus seriously, and it has tragically taken many lives. At a time like this, we need to pray for those that have it and avoid politicizing it. If our President and First Lady can get COVID-19, clearly anyone can.”The Associated Press reports that Laurie was at an event at the White House on Sept. 26 in which President Donald Trump nominated Judge Amy Coney Barrett to replace Justice Ruth Bader Ginsburg on the Supreme Court. At least nine other people who attended that event — including President Donald Trump — have since tested positive for COVID-19.Many in attendance at the White House event were photographed without masks as well as shaking hands and hugging. 1137