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What is the Student Loan Opt Out?

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Manage episode 435161238 series 2471867
Content provided by Travis Hornsby. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Travis Hornsby or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The latest on the Biden administration’s student loan cancellation program includes opt-out provisions that have left many scratching their heads. I’ll cover that and explain the legal back-and-forth and endless policy changes of student loan repayment, so you don’t have to feel so alone.

In today’s episode:

  • 00:36 The 8th Circuit Court ruling means everything about the Saving on a Valuable Education (SAVE) plan is going to stay locked down

  • 05:58 Positive outcomes that benefit borrowers

  • 08:16 The reason behind the opt-out provision (hint: it's not about choosing to opt out)

  • 10:26 Stay positive and focus on financial strategies that you can control

Like the show? There are several ways you can help!

Feeling helpless when it comes to your student loans?

Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

  continue reading

313 episodes

Artwork
iconShare
 
Manage episode 435161238 series 2471867
Content provided by Travis Hornsby. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Travis Hornsby or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The latest on the Biden administration’s student loan cancellation program includes opt-out provisions that have left many scratching their heads. I’ll cover that and explain the legal back-and-forth and endless policy changes of student loan repayment, so you don’t have to feel so alone.

In today’s episode:

  • 00:36 The 8th Circuit Court ruling means everything about the Saving on a Valuable Education (SAVE) plan is going to stay locked down

  • 05:58 Positive outcomes that benefit borrowers

  • 08:16 The reason behind the opt-out provision (hint: it's not about choosing to opt out)

  • 10:26 Stay positive and focus on financial strategies that you can control

Like the show? There are several ways you can help!

Feeling helpless when it comes to your student loans?

Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

  continue reading

313 episodes

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