Cares Act 2024 Student Loans In India. Workers who have a $0 monthly payment on student loans wouldn't qualify to receive matching funds to retirement through an employer with this provision in the. Budget 2024 announces new scheme offering loans up to ₹10 lakh for one lakh students to pursue higher education.

Here’s all you need to know. The cares act is not forgiving your student loans—it just lets you delay your payments.