Episode 379: How the Income-Driven Repayment Waiver Can Help Student Loan Borrowers Get Closer to Forgiveness w/ Lauryn Williams
Journey To Launch · Journey to Launch
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Show Notes
This week on the Journey to Launch Podcast, I am sharing a conversation I had on IG Live with Lauryn Williams from Student Loan Planner. Lauryn provides crucial information for student loan borrowers about the Biden administration's Income-Driven Repayment (IDR) waiver for federal student loans, which can significantly impact loan forgiveness eligibility. The steps to take include: understand your loan type, consider consolidation, and take timely action before June 30, 2024 which is the deadline to maximize benefits.
In this episode, Lauryn shares:
- What is the IDR Waiver and how it can help student loan borrowers get closer to forgiveness
- Why borrowers with Federal Family Education Loan (FFEL) loans or those with multiple loan types should consider consolidation to benefit from the IDR waiver.
- Where to go to see your loans and determine your next steps
- How to stay informed about your loans and any future opportunities for forgiveness or adjustment if you miss the deadline + more.
Other Links Mentioned in episode:
- How to Qualify for the IDR Waiver
- Student Loan Planner
- www.StudentAid.gov
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