Common Student Loan Scams and the Potential Benefits of the ICR Plan
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Meagan Landress, CSLP\\xae, and Dan Rooker, CFP\\xae, CSLP\\xae, sit down to discuss common student loan scams. They also share why the Income-Contingent Repayment (ICR) plan might just be a great option to consider for borrowers looking to take advantage of the limited PSLF Waiver opportunity.
In today\\u2019s episode, you'll find out:
- Why you should check the StudentAid.gov site frequently
- About some of the most common student loan scams
- Real-life examples of scams our listeners have seen
- Why scams are likely to increase over the coming months
- What to look for to avoid being taken advantage of
- Who should consider the Income-Contingent Repayment plan
- How the ICR plan may push you much closer to forgiveness, if not immediately get you loan forgiveness
- Why your PSLF payment count is probably wrong
- The latest must-knows regarding the limited PSLF waiver