The SAVE Plan is Dead: What Comes Next?
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The SAVE Plan is Dead: What Comes Next?
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EPISODE RESOURCES
ESLD Guide to Income Driven Repayment Plans
SAVE Settlement Details
Navigating the End of the SAVE Plan: What's Next for Your Student Loans?
In this episode we talk the end of the SAVE Repayment plan and explore the implications for borrowers. Find out who benefits from different Income Driven Repayment (IDR) plans and the importance of immediately switching plans for those eligible for forgiveness. Between alternative IDR plan options, changing federal policies, and important deadlines, this episode equips listeners with crucial information to make informed financial decisions regarding their federal student loans.
00:41 Understanding the Impact of Forbearance
02:51 Settlement and the Future of the SAVE Plan
06:27 Income Driven Repayment Plans: Options and Changes
15:29 Urgent Actions for Loan Forgiveness
20:49 Conclusion: Preparing for the Future