35 min listen
The Biggest PSLF Expansion in History
ratings:
Length:
48 minutes
Released:
Oct 26, 2021
Format:
Podcast episode
Description
The PSLF expansion took borrowers by surprise. The Biden administration’s big announcement of a total overhaul to the PSLF program is a big deal. For a variety of reasons, many borrowers counting on PSLF had payments or loans that previously did not qualify for forgiveness because they could not meet the stringent requirements. The Department of Education effectively wiped out many of the hurdles through October 2022. Listen in and find out how the PSLF expansion can potentially be a life-changing opportunity for public servant borrowers, and what this development could mean for the future of student loans as a whole. In today’s episode, you'll find out... Big takeaways from President Biden’s Executive Order How to get PSLF credit for payments that didn’t count before Why you can get PSLF credit for FFEL loan payments Who benefits from this expansion About the planned “grace period” on October 31, 2022 The Biden administration’s legal justifications for the expansion Which employers could become eligible under this overhaul Why the cost of forgiveness will dramatically rise going forward Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Subscribe to the newsletter Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan
Released:
Oct 26, 2021
Format:
Podcast episode
Titles in the series (100)
Military careers to lower law school debt with Eric Meissner JD: Eric Meissner is a Marine JAG who knew there would be financial benefits to joining the military. Eric had some good mentors and family members who encouraged him to attend law school. He went in with the intention of getting a portion of his loans... by Student Loan Planner