Student Loan Planner

APRIL 18, 2023

Key Takeaways: If you’re a student loan borrower paying back your federal student loans using an income-driven repayment plan (IDR plan), the Biden Administration’s IDR waiver is a big deal.

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NCLC Student Loan Borrower Assistance

OCTOBER 17, 2022

The waiver will only last until October 31, 2022. Borrowers will need to take steps prior to October 31, 2022 in order to qualify for the waiver. . While the PSLF waiver expired on October 31, the Department of Education has announced that some flexibilities will continue until May 1, 2023. Apply for the Waiver.

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NCLC Student Loan Borrower Assistance

DECEMBER 13, 2022

In November 2022, the Department of Education published final rules that will change regulations governing a variety of federal student loan cancellation programs as well as how interest impacts student loan burdens. The new rules will go into effect on July 1, 2023. . Across the board, these rules are a huge improvement.

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