Key Student Loan Deadlines to Know in 2023 and Beyond

Important deadlines are looming on the horizon, and there’s a lot to unpack. I’ll cover the essential information you need to know about consolidating loans, navigating forgiveness programs, and making crucial decisions before the upcoming deadlines. Learn the advantages and considerations of loan consolidation based on income and loan amounts, the impact on monthly payments, and how to determine if consolidation is beneficial using our SAVE calculator. I’ll also address the recent changes in the Public Service Loan Forgiveness (PSLF) program, the ongoing challenges faced by the Department of Education, and the potential political landscape that could affect loan forgiveness in the future. Listen in as I answer listener questions and offer strategies to maximize forgiveness opportunities. 

In today’s episode, you'll find out:

• How to determine if you should consolidate based on income and loan amounts
• Why borrowers need to prioritize minimum monthly payment
• When consolidation might not be the best financial decision
• How to use our student loan calculator to see if you should consolidate
• Why the Department of Education might not fulfill all their promises
• Why you might want to hold off on refinancing federal student loans
• The importance of deciding whether couples should file taxes separately or jointly
• How to determine if switching from Pay As You Earn (PAYE) will save you money
• Why Parent PLUS borrowers may face exponentially higher payments if they miss deadlines
• Crucial student loan deadlines you don’t want to miss
• The best way to navigate support and get issues resolved with your loan servicer

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Feeling helpless when it comes to your student loans?

• Try our free student loan calculator
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• Book your custom student loan plan

Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!