On this special bonus Podcast Flash, Suze gives a brief explanation about the new Federal Student Forgiveness program and what you should do now. Go to this link https://studentaid.gov/debt-relief-announcement/
for a more detailed explanation
The debt forgiveness applies to undergraduate, graduate and Parent Plus loans. Current students can also qualify, for any loans taken out before July 1, 2022, but students who were claimed as dependents will be eligible based on their parent's income rather than their own
Also know if you are upset because you paid off or down your federal student loans by making payments during March 13, 2020, and August 31, 2022 you can ask for a refund of those payments to get your balance back up to $10,000
And Student loan forgiveness won't trigger a federal tax bill. That's because the American Rescue Plan of 2021 made student loan forgiveness tax-free through 2025
To learn more about how you can help yourself and others, please visit: https:myalliant.com/good.
Take advantage of the Ultimate Opportunity Savings Account with Alliant Credit Unionat: https://bit.ly/3vEUTZW
Join Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on her podcast!
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