Ep #10: Beyond the Headlines: Biden’s Student Loan Forgiveness
There has been a lot of hubbub over the Biden-Harris student loan debt relief initiative that has been in the works. Whatever your feelings on it are, there are quite a few important ways that it will affect people, so today I wanted to share some important aspects of it with you. I’m going beyond the politics and the headlines to uncover key areas of this debt relief that may affect you or your children.
Listen in to hear who is primarily affected by the loans and debt relief program, as well as what you can expect in the coming months or years regarding the program. I also cover important ways that you can help prepare your kids for college in light of the current news on relief.
Listen to the Full Episode:
What You’ll Learn in Today’s Episode:
How student loans have affected so many people.
Where the White House is currently with the student loan relief process.
How the loan forgiveness will affect different kinds of households.
What the Plus Loan is and how it works.
How to ask for money back if you have paid toward your loan.
The silent killer that makes student loans go up and what might cut into that problem.
Action steps you can take to make the right plan for your private or government loans.
Ideas Worth Sharing:
“43 million people have student loans, so it’s a big issue when it comes to the number of people in the country who have it.” - Stanley Funches
“Current students can seek forgiveness on loans.” - Stanley Funches
“If you qualify for forgiveness and you have made payments throughout time, you may be able to get paid back for your payments.” - Stanley Funches
Resources Mentioned:
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