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Shocking Numbers about the PSLF Waiver and the IDR Waiver, Plus Special Guest Taylor from the SLP Community

Shocking Numbers about the PSLF Waiver and the IDR Waiver, Plus Special Guest Taylor from the SLP Community

FromStudent Loan Planner


Shocking Numbers about the PSLF Waiver and the IDR Waiver, Plus Special Guest Taylor from the SLP Community

FromStudent Loan Planner

ratings:
Length:
54 minutes
Released:
Aug 2, 2022
Format:
Podcast episode

Description

An earth-shattering report about the Public Service Loan Forgiveness (PSLF) program came out a few weeks ago by the National Bureau of Economic Research (NBER). I’m diving in and breaking it down, so you can see just how powerful the PSLF Waiver and IDR Waiver could be if more people knew about it. I’m also sitting down with Taylor, a special guest from the SLP community. As a borrower herself, Taylor’s case study illustrates who may or may not benefit from the PSLF or IDR waiver. In today’s episode, you'll find out: Why the PSLF report is so shocking (spoiler alert: $145 billion is eligible for immediate forgiveness, but people are missing out – especially teachers) About $8 billion in student loans has been forgiven through the PSLF Waiver The Income-Driven Repayment (IDR) Waiver will see billions more being forgiven, but borrowers are still waiting for that to process before seeing any tangible results Taylor’s student loan story How Taylor accumulated her loans while pursuing her undergrad degree Taylor’s mix of public and private loans from grad school What to expect from the upcoming IDR Waiver Who is eligible for the PSLF Waiver What holds so many teachers and counselors back from taking advantage of the Waiver My fear about millions missing out on this opportunity How you can do your part to spread our message to more people who need it   Link mentioned: Waivers for the Public Service Loan Forgiveness Program: Who Would Benefit from Takeup? 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  Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan
Released:
Aug 2, 2022
Format:
Podcast episode

Titles in the series (100)

Travis helps you navigate the insane world of student loans, especially if you owe $50,000 to $1 million. If you've ever spent too much time on the phone with your loan servicer, this is the show for you. Every week we share tips on loan forgiveness, investing, crushing debt, and how to get to financial freedom when you owe more than most people's mortgage.