Economic Aid for Millennials: Stimulus Checks, Student Loan Relief and More

The coronavirus pandemic is killing our economy, and millennials are being hit particularly hard.

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The coronavirus pandemic is killing our economy, and millennials are being hit particularly hard. Financially speaking, the generation is one of the most vulnerable groups, because they haven't had as much time to advance their careers or build up enough wealth to survive tough times.

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There is help available, though. The Coronavirus Aid, Relief, and Economic Security (CARES) Act created or enhanced a number of relief programs. Other federal government stimulus measures provide money for down-and-out Americans, too. For the millennials out there who are sick, out of work, or otherwise suffering financial hardship because of the coronavirus, these programs can help you get back on your feet as quickly as possible. To that end, here are 7 of the most important economic relief measures for millennials. The country needs you financially strong and back at work contributing with your creativity, entrepreneurial spirit, and tech savviness.

Rocky Mengle

Rocky Mengle was a Senior Tax Editor for Kiplinger from October 2018 to January 2023 with more than 20 years of experience covering federal and state tax developments. Before coming to Kiplinger, Rocky worked for Wolters Kluwer Tax & Accounting, and Kleinrock Publishing, where he provided breaking news and guidance for CPAs, tax attorneys, and other tax professionals. He has also been quoted as an expert by USA Today, Forbes, U.S. News & World Report, Reuters, Accounting Today, and other media outlets. Rocky holds a law degree from the University of Connecticut and a B.A. in History from Salisbury University.