Ask Terry Questions College loan forgiveness — after I just paid off my loan!!

College loan forgiveness — after I just paid off my loan!!

By Terry Savage on September 09, 2022 | College Savings / Student Loans

I had a $10k college loan through the Dept of Education. I paid it off in full in July, roughly 2-3 weeks before the forgiveness announcement. Do I have any recourse to get money back? Thank you.

Terry Says

Oh, I am so sorry to hear that! I don’t think you’ll get your money back. They haven’t published the final rules yet, but that’s just too much to expect. If I see any chance though, when they publish the final rules, I’ll come back and let you know.

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