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.
- 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