Episode 379: How the Income-Driven Repayment Waiver Can Help Student Loan Borrowers Get Closer to Forgiveness w/ Lauryn Williams

Jun 19, 2024

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This week on the Journey to Launch Podcast, I am sharing a conversation I had on IG Live with Lauryn Williams from Student Loan Planner. Lauryn provides crucial information for student loan borrowers about the Biden administration's Income-Driven Repayment (IDR) waiver for federal student loans, which can significantly impact loan forgiveness eligibility. The steps to take include: understand your loan type, consider consolidation, and take timely action before June 30, 2024 which is the deadline to maximize benefits.

In this episode, Lauryn shares:

What is the IDR Waiver and how it can help student loan borrowers get closer to forgiveness
Why borrowers with Federal Family Education Loan (FFEL) loans or those with multiple loan types should consider consolidation to benefit from the IDR waiver.
Where to go to see your loans and determine your next steps
How to stay informed about your loans and any future opportunities for forgiveness or adjustment if you miss the deadline + more.