Listen in as I answer questions from our mailbag, discuss the peculiar happenings at Nelnet, and provide updates on where we stand with student loans in May. We’ll start with listener questions about the $12,000 10-year forgiveness option, Parent PLUS loans, and income-driven repayment (IDR) recertification dates. You’ll also hear about summer updates like sweeping forgiveness programs, lawsuits trying to block student loan forgiveness, and how the upcoming presidential election could change your student loan payment.
In today’s episode:
✅ Can borrowers get two kinds of forgiveness with one Direct Loan consolidation?
✅ Will the Parent PLUS double consolidation loophole kick borrowers off the SAVE plan?
✅ Does early IDR recertification change your recertification date?
✅ What to do if your Parent PLUS payment is more than you can afford
✅ Nelnet stopped consolidations, causing concern and delays
✅ The Department of Education should either fund or fire MOHELA
✅ Student loan policy depends on political control
✅ The FAFSA fiasco and speculation on resignations
✅ Summer updates: forgiveness, lawsuits, and student loan policy
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Legal: Student Loan Planner is a financial coaching company and does not claim to provide financial advice on investment products. Refinancing federal loans causes the borrower to lose access to income-based repayment plans as well as the PSLF program. We may earn compensation from advertising partners when you click on links on our site. Student Loan Planner is not a debt settlement or debt relief company. We do not provide tax or legal advice.
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21 авг 2024