It's time for the Showdown, Pt. 1

In one corner, Pay As You Earn (PAYE): the IDR plan that will be unavailable to new borrowers starting in July 2023.

In the other, the (revised) Revised Pay As You Earn: the updated plan that if chosen by borrowers eligible for PAYE, will be a permanent decision that renders them unable to return to PAYE.

Tune in as we start weighting the pros and cons of each repayment option!

In July of this year, federal borrowers currently eligible for the Pay As You Earn plan will have to make the permanent decision to stay on the plan, or take advantage of the updated Revised Pay As You Earn plan.

In this episode, we start the process of updating you on the (many) changes to the plan, with the goal of giving you the tools to decide which plan is right for you!

EPISODE RESOURCES

New REPAYE Fact Sheet

Subscribe to the podcast and learn more about our flagship student loan course, Escape Student Loan Debt, at https://www.escapestudentloandebt.com/

In late February, the Supreme Court heard arguments in two lawsuits challenging the Biden Administration's authority to forgive either $10,000 or $20,000 of federal student loans for eligible borrowers.

In this episode, we discuss the status of the case, and how the timing of the Supreme Court's decision might be even more important to some borrowers than whether or not the forgiveness program is allowed to proceed.

And if you haven't aready, join our email list at escapestudentloandebt.com!

In July of this year, major changes are coming to one of the flagship Income Driven Repayment plans for federal student loan borrowers. But a consequence of accepting the changes offered by this new plan is that in doing so, you will be shut out of participating in another popular IDR plan.

As we get closer to July, we're building up your knowledge on IDR plans so that when the time comes to make your choice, you truly understand the right option for you. Join us for Part 2!

EPISODE RESOURCES

IDR Plans

Federal Student Aid Website

Subscribe to the podcast and learn more about our flagship student loan course, Escape Student Loan Debt, at https://www.escapestudentloandebt.com/

In July of this year, major changes are coming to one of the flagship Income Driven Repayment plans for federal student loan borrowers. But a consequence of accepting the changes offered by this new plan is that in doing so, you will be shut out of participating in another popular IDR plan.

As we get closer to July, we're building up your knowledge on IDR plans so that when the time comes to make your choice, you truly understand the right option for you. Join us in Part 1!

EPISODE RESOURCES

IDR Plans

Federal Student Aid Website

Subscribe to the podcast and learn more about our flagship student loan course, Escape Student Loan Debt, at https://www.escapestudentloandebt.com/

There are several key upcoming dates for student loans in 2023.

Check out our episode to know what steps are needed to keep your loans in check in the new year

Episode Resources

Federal Student Aid Website

Direct Consolidation Loan Application 

Subscribe to the podcast and learn more about our flagship student loan course, Escape Student Loan Debt, at https://www.escapestudentloandebt.com/

Since the launch of Public Service Loan Forgiveness, state employment laws have made it difficult for many physicians in Texas and California to qualify. But a HUGE update recently announced by the Department of Education could mean these docs are much closer to loan forgiveness than ever before.

Join us as we recap these changes and how they might impact you!!

EPISODE Resources

Future of PSLF Fact Sheet 

PSLF Help Tool 

IRS Corporate Practice of Medicine Explainer 

Direct Consolidation Loan Application 

Subscribe to the podcast and learn more about our flagship student loan course, Escape Student Loan Debt, at https://www.escapestudentloandebt.com/

Shortly after the expiration of the Public Service Loan Forgiveness Limited Waiver, the Department of Education (kind of) extended it!

Join us for Part 2 to learn some temporary and some permanent changes to PSLF, as well as Income Driven Repayment Plans!

EPISODE RESOURCES

Future of PSLF Fact Sheet 

Direct Consolidation Loan Application 

Subscribe to the podcast and learn more about our flagship student loan course, Escape Student Loan Debt, at https://www.escapestudentloandebt.com/

Just before the Thanksgiving Holiday, student loan borrowers were given their first holiday gift: ANOTHER extension of the student loan payment freeze!

EPISODE RESOURCES

Department of Ed Press Release 

Future of PSLF Fact Sheet 

Direct Consolidation Loan Application 

Subscribe to the podcast and learn more about our flagship student loan course, Escape Student Loan Debt, at https://www.escapestudentloandebt.com/

Shortly after the expiration of the Public Service Loan Forgiveness Limited Waiver, the Department of Education (kind of) extended it!

Check out some temporary and some permanent changes to PSLF, as well as Income Driven Repayment Plans!

EPISODE RESOURCES

Future of PSLF Fact Sheet 

Direct Consolidation Loan Application 

Subscribe to the podcast and learn more about our flagship student loan course, Escape Student Loan Debt, at https://www.escapestudentloandebt.com/