If you currently have student loans, here is some very important information about the End of the Federal Student Loan Forbearance Period. For the last 3 three years payments and interest have been postponed for the Federal Student Loans. As of September 1st, 2023 these payments, and the interest accrual, have started again. For most borrowers, the first payments are due in October of 2023.
Most have heard that the Biden Administration’s attempt to Forgive student loan debts were struck down by the Supreme Court. However, the SCOTUS only stated that this was struck down because of the manner in which their case was presented. That has left the door open for other programs that may provide some much needed relief at the start of this repayment process. With the economy in the state it is now, please listen to this podcast for some insight on programs that could help you and your family find the best repayment plans that fit your budget.
I know my wife and I will take a serious look into these programs since we have student loan debt from our recent college graduate!
Listen to this podcast here. Once you have listened, please use the FAQ link provided in this podcast as well to help any answer you could possibly have about repayment programs.
