Trump waives interest on federally held student loans 'until further notice'

President Trump announced Friday he'll waive interest on federally held student loans as part of his emergency coronavirus response.

In a Rose Garden announcement, Trump said he'll take "emergency executive actions" to offer relief to students, many of whom are dealing with shuttered college campuses because of the global pandemic.

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Why cant he waive the interest rates for the rest of us on regular loans?

That would help a lot!