Buckingham Perspectives Video: Federal Student Debt Forgiveness Program
August 31, 2022
Everyone is talking about President Biden’s student debt forgiveness program. You may be wondering how the recently announced changes may impact you and your loved ones. In this episode of Buckingham Weekly Perspectives, Chief Planning Officer Jeffrey Levine takes a deep dive into the details of this important plan. He covers:
- The amount of debt forgiveness for those with federal loans, private carrier loans and Pell Grants
- Who will and will not receive debt relief
- Which loans qualify
- How to apply for relief
- The extension of forbearance and the current 0% interest rate on outstanding loans
- The benefits of a new income driven payment plan
- Other possible debt forgiveness
- and more!
From time-to-time we share third-party articles/information that may be of interest to our clients. These articles are being provided for informational purposes only, do not constitute investment advice and do not necessarily represent the opinions of Homan Wealth Advisors. Homan Wealth Advisors does not provide any guarantee, expressed or implied, that the information presented is accurate or timely, and does not contain inadvertent technical or factual inaccuracies. The past performance of securities is no guarantee of their future result. The value of any investment may fall, as well as rise, and investors may not receive the full amount of their principal at the time of redemption if asset values have fallen.
