Does Deferment or Forbearance Time Count for Student Loan Forgiveness?
Time on a deferment or forbearance usually doesn’t count towards student loan forgiveness, but there is one massive exception to the rule and a couple temporary exceptions.
Time on a deferment or forbearance usually doesn’t count towards student loan forgiveness, but there is one massive exception to the rule and a couple temporary exceptions.
Early SAVE forgiveness sounds simple, but there are complications for borrowers with larger balances, FFEL Loans and Parent PLUS Loans.
In a few weeks, a little known deadline will pass and many borrowers will miss out on a great opportunity for quicker student loan forgiveness.
The latest plan from the Biden adminstration to forgive student loans might be on the most solid legal footing.
For most borrowers, earning some extra cash on the side won’t get in the way of public service student loan forgiveness.
Relief could be coming for borrowers facing out of control student loan balances.
Options to speed up student loan forgiveness by paying extra are limited.
For graduate borrowers, SAVE isn’t always the best student loan repayment plan. Some people might be better off with quicker forgiveness on PAYE or IBR.
Many borrowers worry that changing income-driven repayment plans will result in starting from scratch on the path to student loan forgiveness.