Study Hall: Understanding Biden's Student Loan Forgiveness Program
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In this episode, Sonia Lewis joins Rashad Bilal and Troy Millings to discuss the recent announcement by President Biden to cancel over $5 billion in student loan debt. Get insights on who benefits the most from this forgiveness, how to apply, and the exclusions that may impact millions of borrowers. Sonia breaks down the intricacies of the income-driven repayment and sheds light on the glitch that left over 9 million people out of the forgiveness program.
The discussion also covers the Public Service Loan Forgiveness program and the critical details borrowers need to be aware of, especially for those with FFELP loans. With practical advice and valuable information, this episode is a must-watch for anyone navigating the complexities of student loan forgiveness.
#StudentLoanDebt #BidenAdministration #LoanForgiveness #IncomeDrivenRepayment #PublicServiceLoanForgiveness #EYLMedium #FinancialEducation #SoniaLewis #RashadBilal #TroyMillings
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