New developments continue to be added to the federal student loan generosity trend. Changes will help address administrative complications and failures to provide relief and reduce harm to borrowers.
In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks about recently announced federal student loan changes and how Public Service Loan Forgiveness (PSLF) qualification may affect physicians.
Topics Discussed:
- COVID Forbearance: Extended again until Aug. 31
- Change #1: End forbearance steering by not making forbearance easy
- Change #2: Eliminate the ability to opt-in to forbearance by text or email
Links:
Department of Education Announces Actions to Fix Longstanding Failures in the Student Loan Programs
Federal Student Aid – Submit a Complaint
PSLF Limited Waiver Opportunity Huge Benefit For Physicians
