There’s an important deadline at the end of this month for student loans! We break down the steps being taken by the Biden Administration for borrowers that may result in loan discharge sooner than anticipated in our latest episode of Making Cents of Money.
Show Notes:
U.S. Department of Education Press Release: https://www.ed.gov/news/press-releases/biden-harris-administration-announces-additional-49-billion-approved-student-debt-relief
Biden Extends Key Student Loan Forgiveness Deadline: Why It Matters:
https://www.forbes.com/sites/adamminsky/2023/12/18/biden-extends-key-student-loan-forgiveness-deadline-why-it-matters/?sh=7386b27a6dbf
Payment Count Adjustments Toward Income-Driven Repayment and Public Service Loan
Forgivness Programs: https://studentaid.gov/announcements-events/idr-account-adjustment
Consumer Advisory: Opportunity to cancel student loan debt ends soon:
https://www.consumerfinance.gov/about-us/newsroom/consumer-advisory-opportunity-to-cancel-student-loan-debt-ends-soon/
Direct Consolidation Loan Application: https://studentaid.gov/loan-consolidation/
