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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
Thanks to an iconic pop music superstar, the world's loneliest elephant has a new home and on Monday started his new life at an elephant sanctuary.According to the Los Angeles Times, Cher was first alerted to Kaavan in 2016, who was living in dire conditions at a zoo in Pakistan on Twitter.USA Today reported Kaavan - now 36 - was gifted to Pakistan by the Sri Lankan government when he was 1 in 1985 and lost his only elephant companion Saheli in 2012.According to Cher's charity, Free the Wild, in July, a Pakistani High Court decided to relocate Kaavan to a different sanctuary, and the Marghazar Zoo was closed. The Islamabad Wildlife Management Board then determined that Kaavan be moved to an elephant sanctuary in Cambodia.On Monday, through the Eric S. Margolis Foundation, who donated the Kaavan’s flight, the elephant was transported from Pakistan to Cambodia. According to the animal welfare organization, Four Paws, the flight went smoothly, and Kaavan even slept during the trip. 1001

SunTrust says a former employee may have tried to print information on about 1.5 million customers and share it with a "criminal third party."Chairman and CEO William Rogers Jr. made the announcement Friday as the regional bank released its quarterly earnings.Rogers said the bank believes the information included names and account balances, but not Social Security numbers, account numbers or passwords. He also said the bank has not identified "significant fraudulent activity" on the accounts.Rogers said this was discovered "in conjunction with law enforcement." He did not identify or elaborate on the criminal third party.SunTrust is the 12th-largest US commercial bank by assets, according to the Federal Reserve. The stock was down 3% in premarket trading after the announcement. 802
Students across the country are expected to walk out of their classrooms Wednesday morning to protest gun violence. The National School Walkout is scheduled to begin at 10 a.m. in every time zone and last for 17 minutes -- a minute for each life lost in the Parkland school shooting.If you're a student who's thinking of taking part (or the parent of one), you probably have lots of questions: Can the school retaliate? Will it hurt your chances of college? Can you just stay home for the day?For help with answers, we turned to a couple of experts: 1. Can my school punish me for taking part? 606
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
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