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President Marcos signed a law suspending student loan payments for 30 days post-disaster.
President Ferdinand Marcos Jr. signed the Student Loan Payment Moratorium During Disasters and Emergencies Act into law.
The law suspends student loan payments during disasters for 30 days after the state of calamity is lifted, offering financial relief to affected students without penalties or extra interest.
This aims to support students facing financial hardships due to emergencies.
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El presidente Marcos firmó una ley que suspende los pagos de préstamos estudiantiles durante 30 días después del desastre.