The Dept. of Education has reinstated the online application for Income Driven Repayment plans and loan consolidation. Borrowers on the SAVE plan remain on an interest-free forbearance until further notice or unless they apply for another IDR plan. To learn more and get guidance on recertification deadlines, click here.

Podcast: What is Happening with the Student Loan System?

Resident experts Carolina Rodriguez and Nancy Nierman, the Director and Assistant Director of EDCAP, break down the latest developments affecting borrowers. From updates on FAFSA and student debt forgiveness “plan B” to forecasting potential changes to the student loan system, we cover a lot of ground in our first episode. 

Topics Discussed:

  • 51:48 – Tax Filing
  • 00:55 – Latest on FAFSA
  • 06:44 – Student Loan Forgiveness Plan B
  • 11:32 – IDR Account Adjustment (One-Time Payment Count Adjustment)
  • 23:03 – Political & Legal Challenges
  • 37:27 – Loan Servicers Update

You can listen to Decoding Student Loans wherever you get your podcasts.

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