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Student Loan Consolidation for Forgiveness: Do It Before or After the IDR Waiver?

Student Loan Planner

Consolidating your federal student debt under one Direct Consolidation Loan can open the door to generous income-driven repayment (IDR) plans and loan forgiveness options. For some, consolidation is a means for simplifying loan repayment. appeared first on Student Loan Planner.

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The Income Driven Repayment Account Adjustment Effectively Extends Many of the Flexibilities Announced As Part of the Public Service Waiver That Expired On October 31, 2022

NCLC Student Loan Borrower Assistance

By Kyra Taylor , National Consumer Law Center and Winston Berkman-Breen , Student Borrower Protection Center This blog is the second post in a three part series about the IDR Account Adjustment and the continued flexibilities available to borrowers seeking Public Service Loan Forgiveness.

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Do I qualify for the PSLF limited waiver?

NCLC Student Loan Borrower Assistance

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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Student Loan Repayment is Here

NCLC Student Loan Borrower Assistance

Have problems with your loans? What’s next for student loan cancellation? Your Return to Repayment Checklist After nearly three years, the student loan payment pause officially ended on September 1st. Have problems with your loans? What’s next for student loan cancellation?

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A Sneak Peek At New Student Loan Rules Coming in July 2023

NCLC Student Loan Borrower Assistance

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. Across the board, these rules are a huge improvement.