Could the New IDR Plan Be Delayed? (Plus Top Listener Questions Answered)

The new IBR plan is supposed to be available by July 2023, but it might not happen as promised. I’m diving into what’s causing the delay that could push it out until late 2023 or even July 2024. There are also hot developments going on with student loan cancellation, and I’m sharing new strategies coming down the pipeline based on recent announcements. Plus, I’m taking some listener questions. We’ve got a lot to cover… are you ready? In today’s episode, you'll find out: Why commercially-held FFEL loans don’t qualify for Biden’s cancellation The easiest path for someone to sue to block Biden’s student loan cancellation plan When you should NOT apply for the $20,000 cancellation Why the new IBR plan is being delayed and what it means for borrowers When will the new IBR plan be available New strategies for residency and fellowship Best advice for residents and fellows who are single What to do if you’re working for a not-for-profit employer How deferment and forbearance can count in certain cases for PSLF My thoughts about the lawsuit: Do state attorneys general have standing to sue What I think will happen after the election Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts  Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!