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Episode 161: Federal Student Loan Relief
Manage episode 342013211 series 1404006
Now is an exciting and hopeful time for student loan borrowers. President Biden has announced a forgiveness program that will help many people struggling with payments. But there's more at work here than that.
There are programs already in place that could also allow you to pay off your remaining balances sooner or get out of default (and repair your credit) while getting an affordable monthly payment. That's why in this episode of the podcast I go into detail about these programs, which one will benefit you most, and when you need to take action.
In this episode you will learn:
- The details of the Biden loan forgiveness program - How you might be able to repay your unforgiven balance much sooner - How to get out of default after January 1, 2023 - The important deadlines for taking action
161 odcinków
Manage episode 342013211 series 1404006
Now is an exciting and hopeful time for student loan borrowers. President Biden has announced a forgiveness program that will help many people struggling with payments. But there's more at work here than that.
There are programs already in place that could also allow you to pay off your remaining balances sooner or get out of default (and repair your credit) while getting an affordable monthly payment. That's why in this episode of the podcast I go into detail about these programs, which one will benefit you most, and when you need to take action.
In this episode you will learn:
- The details of the Biden loan forgiveness program - How you might be able to repay your unforgiven balance much sooner - How to get out of default after January 1, 2023 - The important deadlines for taking action
161 odcinków
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