Blog Archives

COVID-19 Student Loan Repayment Pause Extended Until January 31, 2022

Today, August 6, 2021, President Biden announced the pause on federal student loan repayments “one final time until January 31, 2022.” The key words may be “one final time,” so borrowers should plan accordingly. Biden’s statement reasons that this gives more »

Posted in blog, COVID-19

PSLF Complaints & Comments

The Department of Education is asking for your help on how to improve PSLF. They want your comments about COVID-19 affecting PSLF and how they can improve PSLF for you. Specifically, they want to know: Public Service & Student Debt more »

Posted in blog, COVID-19

COVID-19: PSLF Forgiveness and Eligibility

The COVID-19 relief measures have helped student borrowers save money during the suspended payment period beginning March 13, 2020- September 30, 2021. But what if your PSLF forgiveness period occurs during COVID-19 suspension? You hit the 120 monthly payments for more »

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Posted in blog, COVID-19

COVID-19: Refunds for Payments During Suspension

Did you make a student loan payment during March 13, 2020 to September 30, 2021? You didn’t need to and could receive a refund! Under several COVID-19 relief measures, the suspension of payments was scheduled to last from March 13, more »

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Posted in blog, COVID-19

3 Possible Areas of Student Loan Forgiveness

During the US Senate Committee on Heath, Education, Labor & Pensions hearing for the nomination of James Kvaal to serve as Undersecretary of Education on April 15, 2021, we saw a few Congress members ask Mr. Kvaal questions about the more »

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Posted in blog, COVID-19

ED Official Blog: COVID-19 and PSLF

For those of you who didn’t know, the Department of Education has an official blog! It recently covered some COVID-19 and PSLF issues and we thought it was a good summary. The infographics are also very helpful, especially in determining more »

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Posted in blog, COVID-19

President Biden Extends Suspension of Student Loan Payments

01/26/21 EDIT: See President Biden’s Statement/Release: “At the request of President Biden, the Acting Secretary of Education will extend the pause on federal student loan payments and collections and keep the interest rate at 0%. Too many Americans are struggling more »

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Posted in blog, COVID-19

COVID-19: Employer Student Loan Repayment Extended to Jan. 1, 2026

In the most recent COVID-19 relief bill, Congress has extended the employer tax-free contribution until January 1, 2026. Your employer can pay you (employee) directly or your lender up to $5,250/year tax-free for both you and the employer. The employee more »

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Posted in blog, COVID-19

COVID-19: Student Loan Forbearance Extended Until Jan. 31, 2021

Good news for borrowers! The CARES Act borrower benefits that were scheduled to end on December 31, 2020 has now been extended another month until January 31, 2021. This means that borrowers can save extra money that otherwise would have more »

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Posted in blog, COVID-19

COVID-19: Upload PSLF ECF’s

COVID-19 has forced many to turn to digital formats for exchanges of information. Did you know you can directly upload PSLF ECF’s onto FedLoan Servicing’s website? Save yourself a stamp and a trip to the post office! Here’s how: Login more »

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Posted in blog, COVID-19