If you’re consolidating or taking out any new loans on or after July 1, read below for more information on the plans you will have access to ⬇️
forbes.com/sites/adamminsky/…
New rules governing a popular student loan forgiveness program are just weeks away from being implemented, and they could block some borrowers from receiving relief under PSLF if they go into effect. forbes.com/sites/adamminsky/…
The Dept. of Ed publicly says there will be "no restriction" on eligible borrowers enrolling in the PAYE plan. But the new regs released last week suggest there will be some pretty significant roadblocks starting on July 1. forbes.com/sites/adamminsky/…
Buried in the Dept. of Ed's new regs is a significant change that may prevent borrowers from transferring their IDR loan forgiveness credit to other plans, a major shift from longstanding practice. forbes.com/sites/adamminsky/…
A group of Democratic senators blasted the Trump administration this month for its plan to transfer oversight of the federal student loan system from the Education Department (ED) to the Treasury Department -- studentloanplanner.com/stude…
The processing backlogs, which have persisted for more than a year, are likely to feed concerns that the Dept. of Ed and its loan servicers are ill-equipped to handle the looming termination of SAVE and the simultaneous launch of RAP later this summer. forbes.com/sites/adamminsky/…
In a bit of good news for borrowers, the Dept. of Ed sent out mass student loan discharge notices to thousands of borrowers this week under the Sweet v. McMahon settlement. forbes.com/sites/adamminsky/…
This isn't getting a lot of attention, but last week the Dept. of Ed quietly made a change to PSLF Buyback that could lead to significant new costs for tens of thousands of public service borrowers who are trying to discharge their student loans. forbes.com/sites/adamminsky/…
Here's a breakdown of what the transition of "operational management" for federal student loans from the Dept. of Education to the Dept. of Treasury means for borrowers: studentloanplanner.com/stude…
Here’s a breakdown of some of the biggest student loan tax updates you should know about, and what they might mean for your bottom line. studentloanplanner.com/stude…
And that's that -- the SAVE plan is effectively dead. Lots of questions remain after a federal appeals court on Monday essentially ended the program, however, including how and when borrowers will need to move their student loans to other plans. forbes.com/sites/adamminsky/…