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Student loan borrowers are getting another break.A recent executive order signed by President Trump extends the suspension of payments and interest on federally-held student loans from September 30 to December 31, but certain details are still unclear.“The language isn’t super clear, so we student loan nerds are anxiously awaiting the Department of Education’s guidance, which we are expecting in the next couple of weeks for sure,” said Betsy Mayotte with The Institute of Student Loan Advisors (TISLA).Borrowers have reported their loan servicers are also awaiting direction from the Department of Education.Aside from a break in payments, Mayotte said there are programs borrowers in default should take advantage of during this COVID period.“Loan rehabilitation is kind of an awesome and unique thing for the federal student loan program. If you make nine consecutive on-time payments in an amount that’s based on your income, so the payments can be as low as , not only are you taken out of default, but they remove the default line from your credit report like it was never there. And the collection costs are significantly reduced,” said Mayotte.And right now, suspended payments will count toward rehabilitation.According to the department’s Federal Student Aid office: “If you enter a new rehabilitation agreement between March 13, 2020, and Sept. 30, 2020, suspended payments that would have been made from the beginning of your agreement until Sept. 30, 2020, will count.” “They’re counting this period like you’re making those rehab payments even though you don’t have to make them,” said Mayotte.It's still uncertain whether the same treatment will continue under the president’s executive order.Mayotte added that private student loan borrowers may want to consider refinancing now that interest rates have gone down.And even though payments for many borrowers have been suspended, it doesn’t mean you shouldn’t pay anything, especially for those still employed.With interest waived, anything you pay now will go directly towards your principal, so when payments resume, interest will collect on a lower balance.If you have questions about your loan or need help with a dispute, TISLA offers free advice.Also, check out StudentAidPandemic.org for up-to-the-minute guidance on student loans and financial aid during the COVID-19 pandemic.If borrowers need additional assistance with their student loan servicer, they should contact the Maryland Student Loan Ombudsman by email at studentloan.ombudsman@maryland.gov or by phone at 410-230-6185.This story was reported by Mallory Sofastaii at WMAR. 2631
The band Smash Mouth is facing criticism for playing a concert to a large crowd that were reportedly mostly mask-less. The band headlined the Sturgis Motorcycle Rally being held this week in South Dakota.Images from Sunday night’s Smash Mouth concert show a crowd packed shoulder to shoulder in some places, with few people wearing masks.At one point in the concert, a band member addressing the crowd can be heard saying "F*** that Covid s***,” according to KOTA-TV. It's unclear what he's saying before or after that comment.The group defended the concert in a statement given to Billboard; band manager Robert Hayes said "the promoter did a fantastic job with their COVID protocol. They had a very strict social distancing and mask policy in place for all workers."Hayes added comments about the "endless hours" spent to ensure the concert happened as safely as possible and “we are very happy with the outcome."Sturgis city officials allowed the annual event to go on this year, despite pleas from residents, and recommend visitors wear masks and social distance. However, masks are not required.Numbers from the South Dakota Department of Transportation indicate attendance numbers are similar to 2019 for the first few days:Friday, August 7: 49,835 entering – down 4.3% from Friday last yearSaturday, August 8: 54,804 entering – down 8.0% from Saturday last yearSunday, August 9: 56,149 entering – up 1.1% from Sunday last yearThis is the 80th year of the Sturgis Motorcycle Rally. In recent years, the event has drawn between 500,000 and 700,000 people. 1568

TAMPA, Fla. (AP) -- Sheriff's officials in Florida say a 24-year-old South Carolina man is accused of invading the home of a WWE star near Tampa.Phillip Thomas II was arrested Sunday after officials say he entered the home of wrestler Sonya Deville, setting off a security alarm.Hillsborough Sheriff's officials say the 26-year-old victim, real name Daria Berenato, spotted Thomas on the property after the alarm rang and called 911 as she fled with a guest in a car.Arriving deputies found Thomas at the home with a knife, plastic zip ties, duct tape and mace. He was arrested pending a Monday court hearing on armed kidnapping and other charges. 655
The bonus of Jeffrey Mezger, one of the most powerful people in real estate, will be slashed by 25% after he went on an anti-gay tirade against his neighbor, comedian Kathy Griffin.Mezger, the CEO of homebuilder KB Home, used multiple homophobic and sexist slurs against Griffin and her partner. The tirade was caught on a security camera and a two-minute clip was published on Tuesday by HuffPost."Let's declare war, ass---- ... Let's bring it on, you b----," Mezger said during one of the tamer parts of the security camera audio recording.The verbal outburst occurred last weekend after Griffin and her partner called the police to report a noise disturbance on Mezger's property.KB Home revealed on Thursday that its board of directors decided to cut Mezger's 2017 bonus by 25%. It warned him that a similar incident will result in his firing. 865
State Superintendent Tony Evers defeated incumbent Gov. Scott Walker and will become the next governor of Wisconsin. Evers, a Democrat, won with 50 percent of the vote over the Republican governor Walker. The two were locked in a tight race, with the latest Marquette University Law poll showing the race at a dead heat. Walker has served as Wisconsin’s governor since 2011. Walker and Evers traded barbs over a number of topics, including healthcare. The two disagreed on whether Republicans would keep pre-existing conditions in the healthcare policy while dismantling other portions of the Affordable Care Act. A key element of Walker’s campaign was the issue of taxes, claiming if elected Evers would certainly raise them. In particular, he said Evers would raise the gas tax in the state of Wisconsin. Evers denied having such plans days before Election Day. The two also focused on education in Wisconsin. Evers, the state superintendent, said in a rally the night before the election he planned for a .5 billion increase in K-12 education. Walker touted his most recent school budget, which he claims gave 0 more per student. 1181
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