121: Student Loan Forgiveness; What You Should Know

The Department of Education recently announced a new plan which will provide for additional deferment of payments on federal student loan debt, as well as loan forgiveness for millions of borrowers. Tune in to learn the qualification criteria and see if you're eligible.

Notes:

In this episode, Luis speaks about the following and more:

• Extension of the student loan repayment pause
• Income guidelines for student loan forgiveness eligibility
• Changes to the income-driven repayment plan
• How to access information on the new changes to the Public Service Loan Forgiveness Program

Sources:

• https://studentaid.gov/debt-relief-announcement/

Resources:

• Download the 3 Fundamental "Money Moves" to Make Before Turning 45
• LatinXcellence, more than a brand, it's a movement!
• U.S. Department of Education Subscriptions Page
• Public Service Loan Forgiveness Information
• Luis' LinkedIn
• Luis' Twitter
• Luis' IG
• On My Way To Wealth YouTube channel