About this episode
The Biden Administration announced student loan cancellation, and it's a pretty big deal. But a report was released this past week about potential lawsuits filed against the cancellation. It's a lot to take in, but the outcome could have a huge impact on student loan borrowers. So, I'm breaking down the impact of the cancellation, what could happen if there's a lawsuit, and how it fits together with the PSLF Waiver and IDR Waiver. In today's episode, you'll find out: If the student loan cancellation is struck down, what happens to the current student loan pause What is the risk of a lawsuit Why the new "Biden IDR" plan is a big deal What the new repayment and forgiveness plan does for borrowers How high-income earners with high student loan debt will be impacted How will schools react to the new plan What's going on in the business, a personal update and special thank you to our listeners and readers Like the show? There are several ways you can help! Follow on Apple Podcasts , Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook , Twitter , or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan