Student Loan News, Updates, and Strategy

Biden’s Impossible Student Loan Dilemma

Getting things right on federal student loan forgiveness could be nearly impossible for Joe Biden. He will anger millions no matter what he does.

The Limited Waiver and TEPSLF were both created to help more borrowers qualify for PSLF.

Biden’s options to help private student loan borrowers struggling with their debt are limited, but assistance is possible.

Income-driven repayment is supposed to keep monthly payments affordable for all borrowers, but IDR plans help some borrowers more than others.

A jump in income can make monthly payments unaffordable. However, it is possible to skip a high earning year from IDR calculations.

Two recent programs announced by the Department of Education make the path to student loan forgiveness significantly less complicated.

Retirement plan contributions, transfers, and withdrawals can raise or lower your monthly student loan payments on IBR, PAYE, and SAVE.

Locking in a fixed-rate student loan means no more interest rate increases or monthly payment changes.

Now is the time to tweak your federal loans to make sure you maximize any upcoming student loan forgiveness.