More Proposed Changes for PSLF
The PSLF program was created by Congress in 2007, now, Congress may be poised to expand and simplify the existing PSLF legislation.
Tag Archive for: pslf
New Changes to PSLF: New Opportunities for Scammers
There are big, exciting things coming out for student loan borrowers right now—like the PSLF Limited Waiver Opportunity—things too important to let scammers ruin them.
Is there too much student debt out there?
You know just how many factors go into a person’s health: family history, diet, exercise, environmental factors…the list goes on. There are other influences that may not so readily come to mind, but researchers are continually finding links between different stressors in our lives and their impact on our health. One that you may not have thought about before, but is receiving more and more attention: student loans.
Student Loans and Your Health
You know just how many factors go into a person’s health: family history, diet, exercise, environmental factors…the list goes on. There are other influences that may not so readily come to mind, but researchers are continually finding links between different stressors in our lives and their impact on our health. One that you may not have thought about before, but is receiving more and more attention: student loans.
How do you fill out a PSLF form?
If you’re been pursuing PSLF for years and think you’re finally ready to apply for forgiveness, you’ve actually already gone through the steps, you may just not have known it!
Biden to Extend Student Loan Moratorium through August
If you were dreading getting ready to resume your student loan payments in May, you have more of a reprieve. You can use this time, however, to make plans for making payments in the fall. If you’re not sure what to do, we have some advice to prepare yourself. If you’ve already gone through the effort to get ready to resume payments, you’re in a good place for when they do in September. Enjoy the extra cash you were expecting to pay, and consider saving it towards something nice for yourself!
New Possibilities Ahead for Student Loan Forgiveness
In the meantime, your best bet is to take advantage of existing programs such as the Limited Waiver Opportunity for PSLF. If you have any questions about it, we’re always here to help you with your specific needs!
Who Ya Gonna Call? Lenders vs. Servicers
To make things easy, think of it like this: use the US Department of Education (also known as FSA) via studentaid.gov for news about student loans and to review your loan data. If you have questions about repayment or loan forgiveness, talk to your servicer—which, if you’re a PSLF candidate, is FedLoan Servicing!
Making PSLF History for Physicians: The Limited Waiver Opportunity
Under the LWO, those in full-time non-profit work can qualify for PSLF regardless of the payment plan they have been on, and most types of federal loans now qualify. Physician borrowers just need to take steps to convert their old loans into a Direct Consolidation Loan and submit a PSLF form to their employer before the period ends in October. Physicians with fewer than 120 payments have an extra step. You will need to get on an income-driven repayment (IDR) plan for your remaining payments to qualify.
What’s better? PSLF or mo’ money?
If you’re recently married, there’s a good chance that your previous tax strategy will need to be adjusted now that you’re married.