Blog Archives

Presidential Candidates Trump and Clinton on Student Loans

We’re seeing new developments on the student loan front with the presidential candidates, Donald Trump and Hillary Clinton. On Wednesday, October 12, 2016, Donald Trump made his most detailed comments on student loans yet during a speech in Ohio. “Under

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Student Loans: Donald Trump vs. Hillary Clinton

UPDATE: Take a look at our new post on the positions of the presidential candidates Donald Trump and Hillary Clinton. Let’s take a giant, semi-blind leap forward and take a guess at what would happen to student loans if either

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REPAYE Compared to IBR and PAYE For PSLF

REPAYE is the new repayment plan that’s been in the works, expected to be available in late-2015. So should you expect to change your income-drive repayment plan to REPAYE? Let’s take a look at REPAYE in the context of PSLF.

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President Obama’s Student Aid Bill of Rights

On March 10, 2015, President Obama issued and signed a “Student Aid Bill of Rights.” Improvements and changes include: (1) a state-of-the-art complaint system to ensure quality service and accountability for the Department of Education, its contractors, and colleges, (2)

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Our Comment on PAYE Proposed Regulations: “Auto-PAYE”

On December 19, 2014, the Department published a notice in the Federal Register  announcing a “negotiated rulemaking committee to: (1) prepare proposed regulations to establish a new Pay as You Earn repayment plan for those not covered by the existing

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Jump on PAYE or IBR After You Graduate…or else

…you’ll lose those months you could have accumulated for PAYE/IBR benefits such as cancellation of any unpaid balance after 20/25 years. We’re assuming here that right after you graduate, you haven’t found a job, you’re broke, etc., so you qualify

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Obama to Expand Student Loan Relief with Executive Order & Endorse Bill Proposed by Sen. Elizabeth Warren (D-Mass)

UPDATE (June 9, 2014): http://www.holdfasttodreams.org/obamas-monday-june-9-2014-announcement/ When’s the announcement? Monday, June 9, 2014 at a 1:45 p.m. event. Remarks of President Barack Obama from The White House Weekly Address (June 7, 2014) “I’ve taken action on my own to offer millions

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Doctors and PSLF: Residency and Nonprofit Hospitals

The Association of American Medical Colleges (AAMC) has a handy downloadable information guide on PSLF for physicians. The benefits of PSLF increase as the debt amount climbs.  In an example on the AAMC website, a doctor has $170,000 in federal

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Will PSLF Be Repealed?

UPDATE (March 8, 2014): See our new post “Obama’s 2015 Budget Proposal”: http://www.holdfasttodreams.org/?p=481 UPDATE (April 5, 2014): See our new post “The U.S. Department of Education (ED) Official Statements on Obama’s 2015 Proposed Budget: Impact on Public Service Loan Forgiveness

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