Episode 128
The Looming Legal Fight over Cancellation
Student Loan Planner · Travis Hornsby
May 11, 202150m 0s
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Show Notes
Have the chances of student loan debt cancellation increased in recent weeks? Yes. But it isn't that simple.
Join me as I discuss the possibility of student loan debt cancellation, what it could mean for your repayment strategy, and why I think the looming legal battle over cancellation would create chaos.
In today's episode, you'll find out:
- Listener question: How your income impacts your IDR plan when filing taxes separately if you're married
- Listener question: Should you pay extra on your loan if you're on the REPAYE plan?
- My experience looking for housing in today's market
- Why student loan refinancing interest rates are still so low
- Why there's a high probability of student loan debt cancellation
- The reason I think student loan debt cancellation won't actually happen
- How student loan cancellation would impact your repayment strategy
- The legal review going on right now about whether the president has the authority to cancel student loan debt
- Whether $10k or $50k will be cancelled and how it might happen
- Why I think student loan debt cancellation is a distraction from the real problem
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