Why Pre-COVID Student Loan Rules Are Back (For Now)

The labyrinth of pre-COVID student loan rules are making a dramatic return. I’ll explore the Biden administration's key regulations impacting Public Service Loan Forgiveness (PSLF) and income-driven repayment (IDR) plans, the legal battles putting these changes on ice, and what it means for borrowers caught in the middle. In today’s episode:   01:50 Revival of Pay As You Earn (PAYE) and Income-Contingent Repayment (ICR) plans 04:45 PSLF borrowers have less to worry about, plus the “buyback provision” 08:03 Borrowers going for 20 and 25 year forgiveness could switch plans 12:46 The silver lining of choosing to do nothing Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter 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 Get profession-specific financial planning   Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!