Ask Terry Questions student loan payoff

student loan payoff

By Terry Savage on January 14, 2022 | College Savings / Student Loans

My student loan is 29,500. I have the opportunity to pay it off right now but I was wondering if you’d suggest I wait till May to see if the government does anything to do a forgiveness.? My gram would be the person who would help me. Thankyou very much.

Terry Says

You have a wonderful Gram! I doubt they can get ANYTHING through this Congress, and student loan forgiveness is not high on their list. Plus you have nothing to lose by waiting. But yes, I’d get prepared to pay it off in late April, assuming no news.

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