All federal student loans are temporarily interest free, this means that any payments towards them go entirely to paying down your principal and this will save you money in the long run. So if you still have a source of income I would highly suggest paying them down during this period.
Edit: as the responses have poured in, I have realized that this is only the optimal strategy for some people. It would be better to consider if you have other higher interest loans that could benefit from slightly higher payments for the next few months. Just consider what you can do with the money that would otherwise be going to these loans and figure out what is best for your particular situation.
Submitted April 10, 2020 at 09:26PM by jab136 https://ift.tt/2UX7gjT
