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Stock impact report

Will Your Student Loans Be Impacted By A Government Shutdown? [Forbes]

Nelnet, Inc. (NNI) 
US:NYSE Investor Relations: nelnet.com/investors
Company Research Source: Forbes
But not all student loans will necessarily be affected equally. The shutdown may happen because Democratic and Republican lawmakers have been unable to reach an agreement on extending government funding beyond September 30. While Republicans control the White House and both chambers of Congress, Senate Republicans need Democratic votes to overcome the 60-vote threshold for a filibuster. Democrats want long-term or permanent extensions of healthcare subsidies and a reversal of cuts to healthcare programs (including Medicaid) that GOP lawmakers implemented under the One, Big, Beautiful Bill Act , which critics argue could cause millions of Americans to lose their health insurance. Republicans want Democrats to agree to only a short-term extension of funding. With the two sides fairly far apart, it seems increasingly unlikely at this juncture that a shutdown is avoidable, although U.S. House Minority Leader Hakeem Jeffries (D-NY) and Senate Minority Leader Chuck Schumer (D-NY), along Show less Read more
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