Did you know about the IDR Waiver?!

The income-driven repayment (IDR) waiver is a one-time account adjustment that was implemented by the Biden Administration and it is a BIG DEAL! Millions of borrowers could see their entire balances wiped away completely, including you.

Any time you’ve spent in repayment and many periods of forbearance or deferment can now be counted toward the 10-year Public Service Loan Forgiveness and 20- or 25-year IDR forgiveness programs. To qualify, many borrowers may need to consolidate their loans. But hurry! The Administration’s April 30, 2024 deadline is fast approaching. Do not miss out on this opportunity to cut years off your repayment journey.

Our friends over at Student Loan Planner are the experts in all things student loans. You can take action on your own, but if you want to discuss your student loan situation with a professional CFP® or CSLP to make sure you’re picking the best option for you, we highly recommend Student Loan Planner!

Without knowing the nuances of student debt, you could make a mistake or miss an opportunity that is COSTLY. Make sure consolidation is the right move for you.

The Debtist readers can get $100 off a 1:1 consult by booking through my link!

If you thought this post was interesting, check out my post on how to adjust your 2024 tax returns to optimize your student loan repayment with the SAVE program.