Student Loan Pause Extended - Do THIS Now!

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  • Опубліковано 29 чер 2024
  • The pause on federal student loan payments and interest has been extended once again for 90 days. The new date that payments are set to resume is now May 1st, 2022. In this video, I fill you in on the details and give you my advice for what steps to take right now. That way you can be ready when it's time to start paying once again.
    0:00 - Program Extension Information
    1:55 - Five Steps to Take Now
    5:01 - Question of the Day
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    FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY. NOT LEGAL OR FINANCIAL ADVICE. The information provided in this video and on this channel is for educational and informational purposes only. It is not intended to be a substitute for legal or financial advice that can be provided by your own attorney, accountant, and/or financial advisor. Practical Personal Finance accepts no liability whatsoever for any losses or damages arising from your own personal financial decisions. You are advised to consult with your financial advisor, tax professional, or attorney regarding any and all financial decisions involving your own income and taxes.

КОМЕНТАРІ • 10

  • @baconfly11
    @baconfly11 2 роки тому +2

    It’s strange that it was extended even though the government stated they weren’t going to. Just another example that the government is free to do anything it likes!
    Very good advice as always, thank you

  • @madeline-7748
    @madeline-7748 2 роки тому +2

    Welcome back! :)

  • @layparisss
    @layparisss 2 роки тому +1

    Appreciate videos like this

  • @insideout8814
    @insideout8814 2 роки тому +1

    Thank you for going over this subject! 👍

  • @user-nx3sk5ky6l
    @user-nx3sk5ky6l 2 роки тому +2

    Destroyed by Parent plus loans ... nobody mentions the load on aging parents facing retirement in covid era

    • @PracticalPersonalFinance
      @PracticalPersonalFinance  2 роки тому

      That's a really tough situation. I feel for you!! My mother had taken out some parent plus loans for my education, but the agreement was that I would be the one who paid them back. I ultimately refinanced them into my name through SoFi before getting them paid off.