The end is in sight! Last year the Biden Administration announced yet another action in its efforts to address the student debt crisis: a one-time adjustment to borrowers’ payment counts to (re)align them with the income-driven repayment (IDR) program.
Talk to your friends about student debt. There are millions of Americans quietly suffering under the burden of bloated student loan payments without the knowledge or support they need to get out from under them. Bit by bit, we can all help each other, and build a future where neighbors can achieve their dreams without the onus of excessive debt.
Talk to your friends about student debt. There are millions of Americans quietly suffering under the burden of bloated student loan payments without the knowledge or support they need to get out from under them. Bit by bit, we can all help each other, and build a future where neighbors can achieve their dreams without the onus of excessive debt.
Payments were set to resume this January, but that was before the President’s move to forgive student debt for millions of Americans was stalled by legal challenges. Borrowers won’t have to make payments until 60 days after the Court delivers its final verdict or September 1st, whichever comes first.
The Missouri state legislature created MOHELA in 1981 (RSMo 173.360) for the purpose of “to assure that all eligible postsecondary education students have access to student loans that are guaranteed or insured” and support the financial projects of Missouri colleges and universities.
It may not be sexy, but auto-debit is an invaluable feature that makes sure you’re up-to-date on your student loan payments—crucial if you’re pursuing Public Service Loan Forgiveness and want those payments counted!
Physicians can rejoice about an event in Oct 2021: The Department of Education changed the rules for Public Service Loan Forgiveness (PSLF). This means many physicians who were rejected for PSLF before, may qualify now.
On August 24th, the Biden Administration gave some long-awaited updates on their promised overhaul of the federal student loan system.
It takes a full 50 days for all of these steps to process, so the clock is ticking! All must be submitted by October 31st for all those pursuing PSLF.
The letter to President Biden calls for several steps towards reforming PSLF