According to NPR: Department of Education is planning a MASSIVE change to PSLF rules via negotiated rulemaking to give retroactive credit for payments made on FFEL loans and loans that were later consolidated into Direct Consolidation loans. I got ahold of the issue papers in which the Department of Education…
We have three Facebook Lives set for this week starting tomorrow at 11:30 A.M. EST (Wed, Thurs and Fri): https://christiearkovichpa.activehosted.com/index.php?action=social&chash=26657d5ff9020d2abefe558796b99584.112&nosocial=1 Topics will be: Tips to Reduce Interest on All Student Loans TPD Update: No 3 year monitoring period? What to Expect From Public Service Loan Forgiveness in the Future. Please…
Mint and sell a NFT – preferably a Mutant Ape. Those that know, know. Those that don’t, start learning about Web3. I read on Twitter that someone paid off their student loans with one NFT sale this weekend. That’s one lucky dude. Congrats! For some fun reading, subscribe to NotBoring…
“I just found out that my TPD application was approved!!! I can’t describe the utter disbelief, deep gratitude and tremendous relief I am feeling right now!! Thank you so much to you and your team!! The last 12 months have been extremely difficult for me so this is incredible news!”…
Entrepreneur Magazine noted today that Millennials look at different ways to handle their money compared to their parents — which may lead them to become the wealthiest generation in history. They: Embrace digital money management. Consider ways to refinance or get their student loans forgiven. Delay home purchases, and when…
In light of the recent decision in Hilal K. Homaidan v Sallie Mae, Inc. et al., U.S. 2nd Circuit Court of Appeals, No. 20-1981, are private student loans now considered discharged? Does this only apply in the 2nd Circuit, as well as the 5th and 10th Circuits that have…
While everyone was talking about CyberPunks and NFTs on Twitter this weekend, as well as the impact of various amendments to the infrastructure bill and how they may affect cryptocurrencies and development in blockchain tech, there was significant movement on the student loan front. Late Friday afternoon, the Biden administration…
As anticipated, President Biden once again extended the forbearance on federal student loan payments to January 31, 2022. Here is the Press Release. Special emphasis is given that this will be the FINAL extension. Remember, this has no effect on private student loans.
CNN business recently reported that Walmart has announced that it will provide free tuition for its employees to attend college. I don’t recognize any of the participating schools below so not sure how much this will impact our Florida clients, but it’s definitely a step in the right direction. Especially…
Another nail was pounded into the private student loan coffin last week when a new case came out against Sallie Mae. A private student loan is not a conditional grant and therefore does fall within the meaning of section 523(a)(8)(A)(ii) which excepts from discharge an “educational benefit, scholarship, or stipend.”…