Student Loan Planner What Democrats and Republicans are Proposing for the Future of Student Loans
Sep 27, 2022
34:33
Forgiveness, cancellation, and repayment plans have seen many changes in recent months. But there’s more coming — I’m following what the Democrats and the Republicans are proposing for the future of student loans, which could have a big impact on student loans in 2023 and 2024.
Listen in as I dive into proposals and a particular bill that is likely to pass in Congress that could help out a small, but important category of student loan borrowers.
In today’s episode, you'll find out:
- Listener question: Can I get a refund on payments and still qualify for $10k and $20k cancellation
- What the cancellation announcement means for your student loans
- How the Democrat and Republican plans can overhaul student loans
- How the student loan act would drastically lower interest rates on student loans
- What the republican bill means and how it could impact current and future borrowers
- What would the final rule look like if it were codified
- Refinancing strategies for graduate school loans
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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!