Below you'll find a list of all posts that have been tagged as “student loan forgiveness”
Though we are early in the Democratic primary process, at this point, Bernie Sanders the frontrunner to secure the Democratic nomination. For many student loan borrowers, this comes as an exciting development. Bernie Sanders has promised to eliminate all existing student loans — both federal and private. Sanders may have …
Editor’s Note: This article has been updated on January 16, 2020, to reflect Senator Warren’s plan to forgive student debt without Congressional approval. Now that Bernie Sanders and Elizabeth Warren have both proposed massive student loan forgiveness, it introduces a complicated situation for borrowers. Traditionally, paying off student loans aggressively …
As we kick off a brand new decade, now is a great time to look into our crystal ball to see what the future holds. Making exact predictions about student loans is nearly impossible. There is no way to determine the precise changes that will be made or when they …
As we approach the 2020 election, it seems as though Donald Trump’s re-election chances are fading with each news cycle. Mass protests have broken out across the country, and the government response to Coronavirus has disappointed many. If Trump is going to win another election, he will have to take …
Public Service Loan Forgiveness gets all of the headlines, but most Americans are employed by a private sector, for-profit employer. Do these employees have access to student loan forgiveness programs? How do they qualify? All federal student loan borrowers are eligible for student loan forgiveness, including private sector and for-profit …
This week the House Democrats introduced the College Affordability Act of 2019. The news may have gotten buried beneath the many other headlines out of Washington, but the significance of the College Affordability Act should not be overlooked. Even if the bill does not get through Congress, it is a …
The big dream for many student loan borrowers is that the 2020 election leads to their student debt being forgiven. With Elizabeth Warren and Bernie Sanders both supporting versions of massive student loan cancellation, it is hard not to get excited. Unfortunately, there is a major obstacle that would prevent …
Public Service Loan Forgiveness (PSLF) provides borrowers an opportunity to get unlimited amounts of federal student loans forgiven tax-free. The danger with pursuing PSLF is that it takes at least ten years, and borrowers could at risk of the program being canceled, rules changing, and rejection. Planning ahead requires asking …
It is hard to overstate the importance of deciding between aggressively paying off your student loans through refinancing or waiting for student loan forgiveness. Doctors, lawyers, and many other professionals with graduate degrees often have well over $100,000 in federal student loans, and the wrong decision could cost thousands of …
Editor’s Note: This article has been updated on April 10, 2020, to include modifications to the Biden student loan plan as a result of the Covid-19 pandemic. After much anticipation, Joe Biden has finally released the full details of his student loan plan. Even though Biden doesn’t promise massive student …
