Navigating student loans with Financial Residency
Join us June 7, 14, 21 & 28 as Joy and Ryan navigate the muddy waters of student debt and how you can “flip the script on student debt.”
Follow up on your PSLF: You don’t know what you don’t know
The first thing to know is that you have options. Depending on your situation, you may be eligible for various payment plans. That may impact how you decide you and your spouse file your taxes, jointly or separately. The latter may increase your taxes , but depending on your tax situation, it could be offset by savings in loan payments.
Eli WilsonFighting injustice in all its forms: student debt is a civil rights issue
At Navigate, we are working to bring our expertise to bear on the injustices of student debt. Earlier this year, the Student Borrower Protection Center wrote powerfully about the ways in which the student debt crisis is a civil rights crisis: “The reality for Black and Latino borrowers who bear the brunt of this debt load and its consequences is even more stark, making student loan debt a key barrier to racial equity.” We have work to do.
Planning ahead for your student loans
If you’re in repayment, it’s likely you have some special forms your loan servicer requires. Unless you’re on the standard 10-year repayment plan, you need to submit an income recertification annually for your income-driven repayment (IDR).
For those pursuing Public Service Loan Forgiveness (PSLF), you should also be submitting an employer certification form as well so you can track your progress.