PLAY PODCASTS
What is the Student Loan Opt Out?
Episode 299

What is the Student Loan Opt Out?

Student Loan Planner · Travis Hornsby

August 20, 202414m 1s

Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.

Show Notes

The latest on the Biden administration's student loan cancellation program includes opt-out provisions that have left many scratching their heads. I'll cover that and explain the legal back-and-forth and endless policy changes of student loan repayment, so you don't have to feel so alone.

In today's episode:

  • 00:36 The 8th Circuit Court ruling means everything about the Saving on a Valuable Education (SAVE) plan is going to stay locked down

  • 05:58 Positive outcomes that benefit borrowers

  • 08:16 The reason behind the opt-out provision (hint: it's not about choosing to opt out)

  • 10:26 Stay positive and focus on financial strategies that you can control

Like the show? There are several ways you can help!

Feeling helpless when it comes to your student loans?

Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!