Ask Terry Questions Students loans — forgiveness?

Students loans — forgiveness?

By Terry Savage on December 27, 2020 | College Savings / Student Loans

Good Morning, can you give me more details on student loans program?waiver or temporary delay payment for your students loan. Is there really a problem for gives or wipe out your students loan if you are in law enforcement? Thank you very much

Terry Says

Right now, you are not required to pay on your student loans. That period ends on December 31st–unless the president decides to sign the new stimulus bill.
There has long been a program for public service forgiveness — but very few qualified for it. The Biden administration has promised to loosen that up.
And there will likely be other student loan forgiveness programs debated in the coming year. But that will depend on the makeup of the next Congress.

money

ASK TERRY

a personal
finance question