Having a federal student loan default is one of the worst things that can happen to your finances.

Fortunately, a TEMPORARY program will help defaulted borrowers restore their loans to good order with as little as a phone call. Check out this episode to see how

EPISODE RESOURCES

Fresh Start Program Details

https://studentaid.gov/announcements-events/default-fresh-start

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

The recent negotiations that we've seen for the Debt ceiling have confirmed that there is no extension coming. Student Loan payments will restart in the fall of this year.

In this episode, we talk about how those Debt ceiling negotiations will affect your loans and how to make sure you're prepared when those payments actually do kick back in.

After months of waiting, the Department of Education has (finally) released more details about the guidelines and timeline for the enacting the Income Driven Repayment Plan Waiver.

Join us as we dig into the details of the waiver, and walk you through a sample student aid file to show how you can check your own progress towards loan forgiveness.

EPISODE RESOURCES

IDR Waiver FAQ

And if you haven't already, subscribe to the podcast and join our email list at escapestudentloandebt.com!

As student loan guidelines change and they apply past credit to borrowers' accounts, it's important you know how to review your loan history.

In this episode, we discuss how to download and review your NSLDS data file, and easter eggs in the document that could lead to faster loan forgiveness than you think.

EPISODE RESOURCES

Student Aid Website

And if you haven't already, subscribe to the podcast and join our email list at escapestudentloandebt.com!

Round 2 of The Showdown!

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!

And if you haven't already, subscribe to the podcast and join our email list at escapestudentloandebt.com!

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/