Podcasts Business Student Loan Planner Answering Your Sweet v. Cardona Questions, Waiver Updates and More!

Answering Your Sweet v. Cardona Questions, Waiver Updates and More!

Published: July 5, 2022, 6 a.m.

b'

Washington may be headed into summer vacation doldrums, but for student loan borrowers now \\u2013 more than ever \\u2013 is a time to stay alert and informed! I\\u2019ll start with a deep dive into a proposed settlement in the Borrower Defense to Repayment lawsuit (known as Sweet v. Cardona), outlining the origins of the class action and who stands to receive forgiveness from for-profit schools that marketed through fraudulent means. I\\u2019ll also give you the latest updates on where PSLF and IDR waivers stand, and why a big announcement related to the student debt pause will likely occur in the next month. Then, I\\u2019ll wrap up with announcements about Student Loan Planner\'s exciting new webinar initiative and program changes coming this fall.

In today\\u2019s episode, we\\u2019re covering:

  • What\\u2019s it all about? A little background on Sweet v. Cardona
  • What it means that it\\u2019s a \\u201cproposed\\u201d settlement (and not yet finalized)
  • The major issue at hand: Should those who were defrauded by scam for-profit universities be forgiven their government loans?\\xa0
  • What to do if you\\u2019ve already applied for Borrower Defense and what to do if you haven\\u2019t
  • Updates to the PSLF waiver even though a final decision hasn\\u2019t yet been made pending determination of executive authority
  • Why I anticipate a big loan announcement in late July/early August
  • Why people are missing out on $50 billion or more available for forgiveness
  • How to get in on our newest initiative of free online info sessions to any groups or associations interested
  • Changes in pricing our pricing structure starting September 1st
  • A recap of refinancing and where it stands right now for borrowers

\\xa0

Like the show? There are several ways you can help!

\\xa0

Feeling helpless when it comes to your student loans?

'