Navigating the Post-Cancellation Era of Student Loans
Navigating the Post-Cancellation Era of Student Loans
在一个令人震惊的转折中, the Supreme Court has halted the presidential student loan forgiveness plan.1 So, where does that leave you and your outstanding student loans? Let's navigate this new financial landscape together.
这个决定对你的学生贷款意味着什么
法院的裁决似乎是一次挫折. 然而, even as President Biden explores alternative paths to loan forgiveness, 为偿还贷款做准备是至关重要的, 将于10月1日恢复.2 And remember, interest will start to accrue again on September 1st.
So, what can you do about your student loans in the wake of this decision? 以下是4条具体建议:
1. 在studentaid上刷新你的贷款细节.政府
The suspension of federal loan payments since early 2020 might have resulted in changes to your loan servicer or your personal information. 花点时间重新审视学生援助.政府, review your account information, and update it if necessary. This will ensure your future payments are accurately processed.
2. 探索特殊项目的资格
The roadblock to the one-time loan forgiveness doesn't spell the end of all relief. 你还是可以去探索的, such as the Saving on a Valuable 教育 (SAVE) plan, 公共服务贷款豁免, 教师贷款减免, 或者其他联邦和州资助的项目. Studentaid.政府 is a good place for understanding which programs might be available to you.
3. 选择一个适合你需要的付款计划
There's a range of payment plans available, each with different terms. Carefully choose one that aligns with your current financial needs. You might even consider setting up automatic payments—some loan servicers offer a discount if you do.
然而, 考虑到目前的高利率, it might be beneficial to hold off on refinancing your loans. 每个人的情况都不一样, which is why it’s important to speak with a professional who can help you review your goals and options.
4. 现在就开始计划你的月供
If you've been reallocating your repayment budget elsewhere during the suspension, you're not alone. Now is the time to get used to the upcoming changes in your budget. Once you know how much you’ll be paying each month, you may want to set that amount aside now. With the payment systems potentially being overwhelmed around October 1, planning ahead is important to avoid technical issues.
Navigating the waters of student loan repayment can be tricky. If you need help choosing a repayment plan or factoring your payments into your overall financial strategy, 不要犹豫，联系我吧.
Remember, in the face of change, guidance and strategy are your best allies. 我们在这里帮助你驾驭这段旅程.
来源:
- http://www.cnbc.com/2023/06/30/supreme-court-biden-student-loan-forgiveness-plan.html
- http://www.cnbc.com/2023/06/20/its-official-student-loan-payments-will-restart-in-october.html
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