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cover of episode EYL #269 How to Receive Student Loan Forgiveness; Secrets, Myths, Dos & Don'ts with Sonia Lewis

EYL #269 How to Receive Student Loan Forgiveness; Secrets, Myths, Dos & Don'ts with Sonia Lewis

2023/12/19
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Earn Your Leisure
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📚 In this enlightening interview, Sonia Lewis, known as the "Student Loan Doctor," delves into the complex world of student loans and forgiveness programs. With her expertise, we explore a range of crucial topics that are vital for borrowers, parents, and students alike. Here's what you'll discover in this must-watch episode:

  1. Complete Discharges for 560,000 Borrowers: Understanding the Borrower Defense Discharge and how it impacts borrowers.

  2. Deadline Alert: The critical date of October 1st, 2024 for student loan payments resumption and the penalties for missing it.

  3. Election Year Promises: Anticipating increased student loan forgiveness during this election cycle.

  4. Missed Opportunities: A look at why 9 million people missed out on student loan forgiveness.

  5. Debt and Relationships: Does student loan debt transfer to your partner?

  6. Broad Forgiveness Programs: How the government's wide-reaching student loan forgiveness criteria can benefit nearly everyone.

  7. Consequences of Non-Payment: What happens if you default on your student loans.

  8. Loan Types Compared: The differences between Federal and Private student loans.

  9. College Costs Insights: Estimating the funds required to send your child to college.

  10. Bankruptcy and Student Loans: New possibilities for including student loans in bankruptcy filings.

  11. Credit Score Impact: How student loans can affect your credit score.

  12. Biden's Forgiveness Groups: Exploring the five groups eligible for Joe Biden's student loan forgiveness program.

  13. Family Financial Planning: The importance of parents discussing scholarships with their children.

  14. Government Limitations: Why complete student loan forgiveness may not happen.

  15. Community Strategies: The need for better student loan strategies in the Black community.

  16. The SAVE Plan: How this plan is set to assist many with student loans.

  17. Scholarship Applications: The importance of applying to all available scholarships.

  18. Caution with Parent Plus Loans: Understanding why these loans may not be the best option.

🔍 Dive into this comprehensive guide with Sonia Lewis to navigate the complexities of student loans and discover effective strategies for managing and forgiving your debt. Whether you're a student, a parent, or a borrower, this interview is packed with essential information and tips to help you make informed decisions. 

#StudentLoans #FinancialEducation #DebtManagement #SoniaLewis #LoanForgiveness #EducationFinance #StudentDebt #BorrowerDefense #StudentLoanDoctor #FinancialStrategies Advertising Inquiries: https://redcircle.com/brands)Privacy & Opt-Out: https://redcircle.com/privacy)