The Student Loan Doctor LLC

Trump Proposed Plan Agenda- Details You Must Know


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 This episode is a brief update on the major updates being proposed by the Trump administration: 

1) Undergraduates can get federal student loan forgiveness after 15 years

-12.5% of discretionary income and forgive remaining balances after 15 years.

-Positive: forgive the remaining student loan balance five to 10 years sooner than the current income-driven repayment plans

2) Limits annual and lifetime student loan limits for graduate students and parent borrowers 

3) Eliminates subsidized federal student loans

4) Eliminates public service loan forgiveness

5) Expands eligibility for Pell Grants 

If you need help on understanding how this proposal may impact your loans, schedule a free discovery call via www.doctorpleasehelpme.com

 

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The Student Loan Doctor LLCBy Sonia Lewis

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