Last year, the Department of Education (ED) announced that they would be implementing a one time account adjustment for all eligible federal student loans. This adjustment would potentially give credit under the forgiveness component of the income driven plans and in some cases, Public Service Loan Forgiveness (PSLF). This adjustment could be particularly valuable to those borrowers who have been paying their student loans for a long time, or who may have missed out on the recently PSLF waiver due to having Parent Plus loans or simply having missed the deadline. Join Department of Education Senior Advisor Ashley Harrington and nationally recognized student loan expert Betsy Mayotte for this free one hour session that will help you understand how to ensure you receive the maximum benefits from this one time adjustment. The session will cover the pros and cons of consolidation related to this adjustment and PSLF, how to maintain your IDR forgiveness track once the adjustment is completed and the effect on Parent Plus borrowers in particular.
Free resources:
To estimate IDR payment Amounts
studentaid.gov...
IDR Adjustment Information
studentaid.gov...
Overall IDR and PSLF Information or other student loan questions
www.studentaid.gov
studentaid.gov...
www.freestudentloanadvice.org
freestudentloa...
9 мар 2023