Student Loans

[Phillytroll69]

New Stimulus Package Lets Your Employer Pay Your Student Loans Until 2025

Some good news for your student loans

www.forbes.com

Anyway we can get up to 5% matching towards student loans?

 

[32andBelow]

New Stimulus Package Lets Your Employer Pay Your Student Loans Until 2025

Some good news for your student loans

www.forbes.com

Anyway we can get up to 5% matching towards student loans?

Doubt

 

[Phillytroll69]

Doubt

private industry is doing who do we have to talk to in the union to get letters to senators drafted?

 

[32andBelow]

private industry is doing who do we have to talk to in the union to get letters to senators drafted?

Just email Paul and trish

 

[eagetal96]

Has anyone looked into the new Public Service Loan Forgiveness programs new rules? When I checked years ago we were not eligible but this might be worth looking into for some people.

 

[CF]

Has anyone looked into the new Public Service Loan Forgiveness programs new rules? When I checked years ago we were not eligible but this might be worth looking into for some people.

I was told that we are eligible when I looked into it but that it’s such a stupid process it’s not worth it. Definitely looks like something doable now if you’re just started out paying them back. I’ve already paid enough off of mine to where it’s not even worth it anymore.

 

[julietoscar]

Has anyone looked into the new Public Service Loan Forgiveness programs new rules? When I checked years ago we were not eligible but this might be worth looking into for some people.

Why would we not be eligible? I did it for a few years

 

[ogthebear]

Why would we not be eligible? I did it for a few years

How does it work?

 

[32andBelow]

I heard that they are changing it so any payments you’ve made now count towards public forgiveness. Even if it wasn’t IBR. Based

 

[Phanatical]

This is from the PSLF Tool from studentaid.gov... we are eligible.

They did change the rules just a bit... as long it was on a public loan, you made the 120 qualifying payments (also including the payments that would have been made during the COVID suspension), and were working for an eligible employer for those 120 months, you are eligible for PSLF. previously you did have to be on an income-based repayment plan during the payment period to have that payment qualify towards the 120.

 

[BrocolliRob]

We are definitely eligible, I’m 40% of the way there and verify my eligibility every year to make sure I’m on track.

 

[Typeass]

View attachment 6949
This is from the PSLF Tool from studentaid.gov... we are eligible.

They did change the rules just a bit... as long it was on a public loan, you made the 120 qualifying payments (also including the payments that would have been made during the COVID suspension), and were working for an eligible employer for those 120 months, you are eligible for PSLF. previously you did have to be on an income-based repayment plan during the payment period to have that payment qualify towards the 120.

What payments do you have to make now? since its not based on the income based payment. That was my main issue

 

[Alfa Mike]

I'm glad ATCs qualify for PSLF

 

[32andBelow]

I'm glad ATCs qualify for PSLF

Don’t your loans have to be super high to still owe after 10 years on IBR?

 

[Typeass]

Don’t your loans have to be super high to still owe after 10 years on IBR?

It did. Until biden changed it that any payment under any plan qualifies now. Im closer than i thought now thanks to him.

 

[32andBelow]

It did. Until biden changed it that any payment under any plan qualifies now. Im closer than i thought now thanks to him.

So we can do like extended graduated and get it?

 

[Typeass]

So we can do like extended graduated and get it?

Yup.

 

[32andBelow]

Yup.

Oh nice I’ll have to look into it then. I put it on extended graduated when I was in training. Whenever I quoted the IBR it would pay off in like 5-6 years

 

[Typeass]

Oh nice I’ll have to look into it then. I put it on extended graduated when I was in training. Whenever I quoted the IBR it would pay off in like 5-6 years

Same. And back payments that you made from a certain date are included as well. So most if not all your payments should be included in the 120 now. Thanks Brandon.

 

[32andBelow]

Same. And back payments that you made from a certain date are included as well. So most if not all your payments should be included in the 120 now. Thanks Brandon.

Payments I’ve ever made or just since I got hired by the feds?