What jubilation Kyle must have felt. What a weight off her shoulders. Can you explain how an IDR approved in 2023 will impact prior "regular" payments when people were doing okay financially or graduated payments that some servicers offered to ramp up to higher payments to pay down principal? Are they all covered? I can't seem to get my head around how IDR seems to be fairly recent yet you need to make the 20/25 years of payments under IDR. How, then, are people getting forgiveness on all of their consolidated loans in 2023, like Kyle?
Thank you for breaking down the details of the IDR waiver! Learned a lot as usual. Are those superpowers you mentioned applied to the double consolidation of Parent Plus loans? Because I'm doing that now and want to know if I will still get the magic of the timeline benefit and the no payment count reset benefit, you mention. You're so good at explaining this stuff and so you make it easy to follow. Love it when you throw in the graphics and the humor! Thanks!
@@stanleytategot a question I‘ve already consolidated my loans with one parent plus long. How do I get out of the ICR payment option? I can’t afford it at all.
Hopefully we get refunds for the payments were about to start making again because I consolidated earlier this year and my counts still havent updated. It reset the consolidation to zero and Mohela says it will stay that way UNTIL the waiver is applied. So people shouldnt freak out and should expect their counts to hit zero after consolidation. The highest count isnt applied until the waiver is applied to your account and there's no idea how long that will take. It's definitely not automatic as some of us have been waiting since March and it still hasnt happened. I have payment credit from March to Now but thats it. So I'll have to start making payments again this month even though with the waiver I would be at 136 payments under PSLF and would be forgiven. So technically I shouldnt have to make these payments but I will have to since the waiver hasnt given me forgiveness yet. Sure hope those are refunded!
I was about to type I. The same question. You had. I have been in repayment since 2008 and have worked with a qualified PSLF employee for the since 2008. I completely missed out on the October 31st 2022 waiver deadline since I had no idea it existed u til after the fact. I just consolidated my loans with Mohela since they were FFELP loans. I had to pay through out the entire covid pause. With the one time account adjustment I hope I am in the clear. I am way over the required 120 payments for PSLF. I was told by Mohela that once everything goes through all payments made after the 120 payment count will be refunded back. Hopefully for PSLF it’s still 120 payments and not the 200-250 payments that I keep hearing about.
@@RavishingSailor my wife didn’t have to consolidate and she was over 120 with the PSLF waiver. We did get back like 8k. Irs checks I’m the mail for student loan forgiveness overpayments.
@@jamesosteen09 damn! That is awesome for your wife. How long did it take for your counts to update? From your earlier post you mentioned you applied this march 2023. I really appreciate your help? I’ve paid almost 300k back over the past 15 years and till have 63k left. I had no idea about that prior PSLF waiver that expired last October 31st. I lost all hope but then learned about that temporary one time account adjustments this July so I went back to the federal student aid site and consolidated with Mohela. My remaining balance is now a direct loan under them. I did that this past July 27th. I got all of my qualified employment forms sign and submitted to Mohela which verify that I have been working under qualified employer for PSLF for the past 15 years. I m praying that the one time adjustment works and gives me credit for the last 15 years of payments that I have made. I’m just keeping my fingers crossed and I appreciate any input you might have.
You are the only person speaking in this community about the consolidation payment credit which is fascinating. Does consolidation permit the merge of undergrad and grad loans? So in that instance the borrower would be credited the time back to the earliest loan if overlapping?
Yes, consolidation allows you to merge undergrad and grad loans. You're on a 25 year forgiveness timeline as a result of borrowing grad loans. You'll get credit going back to when you first entered repayment, starting from July 1, 1994.
@@stanleytate Thank you so much for your reply. This is a tremendous change. I’ve run a few scenarios with this possibility and I think I’d like to set up a consult. Thank you again your clear presentation.
I did a consolidation in anticipation of this forgiveness and received an email last month regarding this program. Today I read an article about a lawsuit being filed against this IDR waiver. I’ve only seen one article today. I hope the source was not legit. I can’t find any other info on lawsuits.
Thank you for this wonderful information! I had a quick question though- if I were to consolidate my loans to take advantage of the IDR waiver, does the 20 years start when I made my first payment or when the loan when into repayment? Thank you for all you do!
I have two students loan that are under investigation with the borrower defense . I was denied an apartment because of it . Should I wait? Borrower defense is taking too much
Great explainer vid! I keep hearing there are certain perks that you will lose if you consolidate your Perkins loans in order to put them into the SAVE repayment plan. What are those benefits I'd be missing out on? I can't seem to figure out what they are so I can make an informed decision about whether consolidating is the right choice for me.
In regards to the 20 year timeline is that the origination of the loan or when you started paying back on the loan? For example: I took out a $5,000 student loan in August of 2006 but was not required to make payments on it until May 2010 due to being full time student. Thanks!
Great video, but one really important thing you didn't mention (although it could be implied) is how this adjustment would affect people with less than 20 years repayment. And how much of an adjustment would it be?
Thank you for this video. It was very informative. I have loans from the late 90's and early 2000's that I am still paying off. Do I qualify for this forgiveness program if I have never used an income-based repayment plan? I have always just paid the standard monthly amount and never applied for an IDR plan. However, I have paid the loans for about 20 years and recently consolidated them into a federal loan. Thanks!
You may qualify. I had a privately owned student loan through Navient. It was a set 25 year repayment plan I believe. I graduated college in 2002. I consolidated and moved mine over to a federal IDR plan about a year ago. I got the letter last week saying my loans will be forgiven. Hope the same happens for you I heard the communicates may come in waves so maybe you are in the next wave. Good luck.
@@stanleytate this makes me so happy. i've been paying my loans for decades but still have over 50k left. I am going to switch to an IDR plan once the payments restart. Thank you!
I know the deadline for consolidation is Dec 31 2023 and of course I want to do the consolidation asap. Do you think I would miss out on any potential loan forgiveness if I wait until end of august t to consolidate rather than do it this week? (What if they run out of forgiveness money) and only forgive those who consolidated early….
Thank you for this video! I recently decided to consolidate all of my loans. It is still being processed, I have some loans from undergrad and some from grad school, with all different timelines going back to 2001. How likely is it that I’d be screwing myself over with this? I’m just scared that a law suit will block this new IDR waiver/one time account adjustment, and then my repayment counter will start over. Any thoughts on the level of risk I should be considering?
Well, I haven't looked at your loans so I don't know if you're screwing yourself over or not. But you can read the Education Department's materials, crowdsource help on Reddit, or book a call with us for a 1:1 review.
@@stanleytate thank you! I’ve done so much reading and research and I believe I’m making the right choice. I just don’t totally trust it all, and have a lot of anxiety around it. Just keeping fingers crossed that nothing different happens in the legislation between now and the account adjustment. I will def keep your info if I need to consult in the future if something changes.
If the repayment time periods do not overlap and you consolidate, do they take the longest loan and add 1 month? Your example at 6:00 was the longest loan plus a month. Is that correct?
Can those of us that had undergrad and grad loans that were paid off adjusted and refunded for these errors? Or can we use it for our new loans like when I went back to get an RN/BSN and help during the pandemic?
I have undergrad loans from the late 90s and graduate and parent plus loans from the 2000s. I have never been under IDR, but I’ve been in forbearance many of those years. I’m hoping to benefit from the adjustment. Do you think I should consolidate even if my new payment amount seems high to me?
Without looking at your loans, I don't know whether you should consolidate or not. That said, I can share with you my framework for consolidation: I think you should find reasons not to consolidate instead of finding reasons why you should.
@@stanleytate I did speak to someone from the Federal student loan website. They informed me that all of my loans are Direct and that I would not need to consolidate in order to be eligible for the adjustment. Thanks for replying!
Consolidate. I did back in september so i could get on the SAVE plan so when i make monthly payments, interest does not accrue. Loans got consolidated, sent to mohela. Mohela canceled my SAVE application, i kept paying the loans. Kept calling them that only consolidated to be on that plan. About a month later called again, they finish processing and asked me to wait a week. I ended up getting an email that i had been forgiven because i had loans from the 90s. First repay was 1999. I was in shock, i still don't believe it. I just wanted to be on the save plan. Consolidate to federal loans.
Great video! I have loans in the PSLF with 100 eligible payments so far...but I am in school now and have taken out new loans. If I consolidate my new loans with the old loans will my new loans be placed on the same timeline as my old loans?
Question! My loans start in 1996. In 2010 Sallie Mae suggested I consolidate. I did. *Did i now lose 14 years because of this? Does the clock start in 2010 instead of 1996? 😞
You normally lose credit, but as we shared in the video, the IDR Waiver gives you retroactive credit -- so long as your loans are owned by the Education Department. You can check that status on StudentAid.gov.
Based on what you shared, it's impossible to answer your question. Plus, UA-cam comments isn't really the best place to deliver advice. Yet, the first thing you should do is check what type of consolidaiton loan do you have (FFEL or Direct). Then, look to see if your loan is owned by the Education Department or a third-party guaranty agency.
@@stanleytate The loan is a DL Consolidated Subsidized and heald by Advantage. So it's not private.. Guarantor and owner of loan is the Dept. Of Education. It was dispersed in 2002. Also had 3 Plus loans that were dispersed in 1993 and those were just recently double consolidated.
If you haven't yet submitted a borrower defense claim, you wouldn't qualify for Sweet v Cardona. You can still submit a borrower defense claim online at StudentAid.gov
"Borrowers with original principal balances of $12,000 or less will receive forgiveness of any remaining balance after making 10 years of payments, with the maximum repayment period before forgiveness rising by one year for every additional $1,000 borrowed. For example, if your original principal balance is $14,000, you will see forgiveness after 12 years. Payments made previously (before 2024) and those made going forward will both count toward these maximum forgiveness timeframes." Do you have any clarification on this? What if all my original loans were less than $12,000 but I have old FFEL loans so I consolidated all my loans into 1 direct loan to take advantage of the one-time payment adjustment which would put over me 10 years of payments but less than 20 years of payments. Does the consolidation put me back on the 20 year forgiveness since my consolidated balance will be $72,000 or since all my loans that were consolidated had less $12,000 original balance will that get me forgiveness at the 10 year level?
I took out a private student loan to become a registered nurse. Would I be eligble for a federal consolidation? I noticedon the federal student aid site under eligibility for consolidation. it states "Nursing Student Loans" would you be able to clarify?
@@stevereed8786that is not how biden is looking at it. In politics, not everyone will win. It's just how it works. Presidents have the finest meals, accommodations, and maid service paid by the taxpayers. We can't knock on the white house door and say, hook us up, that's our money. It doesn't work like that.
It’s crazy how people put in all this effort to figure out strategies how to get out of a debt they took out - rather than figuring out the responsible way to make money to pay it off.
Honestly this is still sinking in for me. I am another TX student loan borrower and client for Mr. Tate who is benefiting from these developments. Mr. Tate’s assistance has been truly transformative and life changing,. Don’t delay, check out how consolidation(if needed) can get you on track. \
Thanks for this video! I currently have 3 types of loans for my undergrad degree earned in 2014 ( Subsudized fed loan, unsubsudised and the Federal Perkins) Federal perkins is serviced by ECIS. The two Fed Sub and unsub loans were considered when i applied for the SAVE IDR.. without consolidating my federal perkins loan into the plan) .. Is this a smart move to make? I am planning to pay off my perkins in a one time payment since it's 15k.. I
I'm glad you got a hold of your loans. Without looking at your loans, it's super hard to say what's the smart move to make. You're welcome to check out the resources on our site or book a consultation to get more specific help.
The best explanation in UA-cam others dances around this
Thank You Sir! It's all so confusing but you put it into words we can all understand
You are very welcome
What jubilation Kyle must have felt. What a weight off her shoulders. Can you explain how an IDR approved in 2023 will impact prior "regular" payments when people were doing okay financially or graduated payments that some servicers offered to ramp up to higher payments to pay down principal? Are they all covered? I can't seem to get my head around how IDR seems to be fairly recent yet you need to make the 20/25 years of payments under IDR. How, then, are people getting forgiveness on all of their consolidated loans in 2023, like Kyle?
What is the new ibterest rate after consolodation
Thank you for breaking down the details of the IDR waiver! Learned a lot as usual. Are those superpowers you mentioned applied to the double consolidation of Parent Plus loans? Because I'm doing that now and want to know if I will still get the magic of the timeline benefit and the no payment count reset benefit, you mention. You're so good at explaining this stuff and so you make it easy to follow. Love it when you throw in the graphics and the humor! Thanks!
Yes they are
@@stanleytate Woooohoooo!! Thank you so much!
@@stanleytategot a question I‘ve already consolidated my loans with one parent plus long. How do I get out of the ICR payment option? I can’t afford it at all.
I am consolidating my FFEL grad loans. Is there a servicer you recommend?
Hopefully we get refunds for the payments were about to start making again because I consolidated earlier this year and my counts still havent updated. It reset the consolidation to zero and Mohela says it will stay that way UNTIL the waiver is applied. So people shouldnt freak out and should expect their counts to hit zero after consolidation. The highest count isnt applied until the waiver is applied to your account and there's no idea how long that will take. It's definitely not automatic as some of us have been waiting since March and it still hasnt happened. I have payment credit from March to Now but thats it. So I'll have to start making payments again this month even though with the waiver I would be at 136 payments under PSLF and would be forgiven. So technically I shouldnt have to make these payments but I will have to since the waiver hasnt given me forgiveness yet. Sure hope those are refunded!
I was about to type I. The same question. You had. I have been in repayment since 2008 and have worked with a qualified PSLF employee for the since 2008. I completely missed out on the October 31st 2022 waiver deadline since I had no idea it existed u til after the fact. I just consolidated my loans with Mohela since they were FFELP loans. I had to pay through out the entire covid pause. With the one time account adjustment I hope I am in the clear. I am way over the required 120 payments for PSLF. I was told by Mohela that once everything goes through all payments made after the 120 payment count will be refunded back. Hopefully for PSLF it’s still 120 payments and not the 200-250 payments that I keep hearing about.
@@RavishingSailor my wife didn’t have to consolidate and she was over 120 with the PSLF waiver. We did get back like 8k. Irs checks I’m the mail for student loan forgiveness overpayments.
@@jamesosteen09 damn! That is awesome for your wife. How long did it take for your counts to update? From your earlier post you mentioned you applied this march 2023. I really appreciate your help? I’ve paid almost 300k back over the past 15 years and till have 63k left. I had no idea about that prior PSLF waiver that expired last October 31st. I lost all hope but then learned about that temporary one time account adjustments this July so I went back to the federal student aid site and consolidated with Mohela. My remaining balance is now a direct loan under them. I did that this past July 27th. I got all of my qualified employment forms sign and submitted to Mohela which verify that I have been working under qualified employer for PSLF for the past 15 years. I m praying that the one time adjustment works and gives me credit for the last 15 years of payments that I have made. I’m just keeping my fingers crossed and I appreciate any input you might have.
Great breakdown of a complex issue. Best I’ve seen. Thank you.
Glad it was helpful!
He doesnt memtion new interest rates
I love that when you mention George W. Bush you show the clip of the shoe throwing incident😂
You are the only person speaking in this community about the consolidation payment credit which is fascinating. Does consolidation permit the merge of undergrad and grad loans? So in that instance the borrower would be credited the time back to the earliest loan if overlapping?
Yes, consolidation allows you to merge undergrad and grad loans. You're on a 25 year forgiveness timeline as a result of borrowing grad loans. You'll get credit going back to when you first entered repayment, starting from July 1, 1994.
@@stanleytate Thank you so much for your reply. This is a tremendous change. I’ve run a few scenarios with this possibility and I think I’d like to set up a consult. Thank you again your clear presentation.
Was that an xtra large boot, thrown at the bush man?
I did a consolidation in anticipation of this forgiveness and received an email last month regarding this program. Today I read an article about a lawsuit being filed against this IDR waiver. I’ve only seen one article today. I hope the source was not legit. I can’t find any other info on lawsuits.
Its time for Congresss to end the United States Department of Education and give it back to the states and end this monoply game.
Thank you for this video! And it’s professional manner 😀👍
Same messenger. Same voice. Glad you stuck around.
Thank you for this wonderful information! I had a quick question though- if I were to consolidate my loans to take advantage of the IDR waiver, does the 20 years start when I made my first payment or when the loan when into repayment? Thank you for all you do!
It starts when the loan first enters repayment going back to July 1, 1994.
I have two students loan that are under investigation with the borrower defense . I was denied an apartment because of it . Should I wait? Borrower defense is taking too much
Great explainer vid! I keep hearing there are certain perks that you will lose if you consolidate your Perkins loans in order to put them into the SAVE repayment plan. What are those benefits I'd be missing out on? I can't seem to figure out what they are so I can make an informed decision about whether consolidating is the right choice for me.
They're talking about Perkins Cancellation. IMO most people shouldn't care about that. The benefits of the IDR Waiver trump the other benefits.
Good video however you left out while you might not have to pay federal taxes on it you still need to check and make sure your state taxes on it
Does any of this time bonus apply for individuals that have been making graduated repayment plans? or only valid for IDR plans?
In regards to the 20 year timeline is that the origination of the loan or when you started paying back on the loan? For example: I took out a $5,000 student loan in August of 2006 but was not required to make payments on it until May 2010 due to being full time student. Thanks!
Starts from the time you entered repayment after July 1, 1994.
Thank you!
Wait! So what do we do?
I don't understand the question. If you want specific, feel free to visit the site, tateesq.com, and book a call.
Great video, but one really important thing you didn't mention (although it could be implied) is how this adjustment would affect people with less than 20 years repayment. And how much of an adjustment would it be?
We answered that question: You'll get credit toward forgiveness. But you'll have to keep paying under an IDR Plan to get your loans forgiven.
Thank you for this video. It was very informative. I have loans from the late 90's and early 2000's that I am still paying off. Do I qualify for this forgiveness program if I have never used an income-based repayment plan? I have always just paid the standard monthly amount and never applied for an IDR plan. However, I have paid the loans for about 20 years and recently consolidated them into a federal loan. Thanks!
You may qualify. I had a privately owned student loan through Navient. It was a set 25 year repayment plan I believe. I graduated college in 2002. I consolidated and moved mine over to a federal IDR plan about a year ago. I got the letter last week saying my loans will be forgiven. Hope the same happens for you I heard the communicates may come in waves so maybe you are in the next wave. Good luck.
Yes. It doesn't matter what payment plan you've been in.
@@BurnseysRT Oh wow. That would be amazing! I'm going to switch to an IDR plan once the payments start again.
@@stanleytate this makes me so happy. i've been paying my loans for decades but still have over 50k left. I am going to switch to an IDR plan once the payments restart. Thank you!
I know the deadline for consolidation is Dec 31 2023 and of course I want to do the consolidation asap. Do you think I would miss out on any potential loan forgiveness if I wait until end of august t to consolidate rather than do it this week?
(What if they run out of forgiveness money) and only forgive those who consolidated early….
I don't know what will change if you wait. I'm not sure why you would. But I wish you well in your decisions.
Thank you for this video! I recently decided to consolidate all of my loans. It is still being processed, I have some loans from undergrad and some from grad school, with all different timelines going back to 2001. How likely is it that I’d be screwing myself over with this? I’m just scared that a law suit will block this new IDR waiver/one time account adjustment, and then my repayment counter will start over. Any thoughts on the level of risk I should be considering?
Well, I haven't looked at your loans so I don't know if you're screwing yourself over or not. But you can read the Education Department's materials, crowdsource help on Reddit, or book a call with us for a 1:1 review.
@@stanleytate thank you! I’ve done so much reading and research and I believe I’m making the right choice. I just don’t totally trust it all, and have a lot of anxiety around it. Just keeping fingers crossed that nothing different happens in the legislation between now and the account adjustment. I will def keep your info if I need to consult in the future if something changes.
If the repayment time periods do not overlap and you consolidate, do they take the longest loan and add 1 month? Your example at 6:00 was the longest loan plus a month. Is that correct?
Please check your blog. I can not find an access to the articles? Hopefully just me...
Can you let me know what browser and device you're using? The site is up and running. www.tateesq.com/blog
@@stanleytate PC Google chrome
Can those of us that had undergrad and grad loans that were paid off adjusted and refunded for these errors? Or can we use it for our new loans like when I went back to get an RN/BSN and help during the pandemic?
I want to consolidate my student loans (FFEL). Is there some servicers you recommend and those to steer clear of?
No. They're all pretty much the same.
I have undergrad loans from the late 90s and graduate and parent plus loans from the 2000s. I have never been under IDR, but I’ve been in forbearance many of those years. I’m hoping to benefit from the adjustment. Do you think I should consolidate even if my new payment amount seems high to me?
Without looking at your loans, I don't know whether you should consolidate or not. That said, I can share with you my framework for consolidation: I think you should find reasons not to consolidate instead of finding reasons why you should.
@@stanleytate I did speak to someone from the Federal student loan website. They informed me that all of my loans are Direct and that I would not need to consolidate in order to be eligible for the adjustment. Thanks for replying!
@@stanleytate WHY are you directing that poster NOT to consolidate? I'm confused.
Consolidate. I did back in september so i could get on the SAVE plan so when i make monthly payments, interest does not accrue. Loans got consolidated, sent to mohela. Mohela canceled my SAVE application, i kept paying the loans. Kept calling them that only consolidated to be on that plan. About a month later called again, they finish processing and asked me to wait a week. I ended up getting an email that i had been forgiven because i had loans from the 90s. First repay was 1999. I was in shock, i still don't believe it. I just wanted to be on the save plan. Consolidate to federal loans.
So should I consolidate the ppel loans by themselves or with the direct loans?
april 2024 for 20 years for me! best believe ill be calling on the annivearsy
Great video! I have loans in the PSLF with 100 eligible payments so far...but I am in school now and have taken out new loans. If I consolidate my new loans with the old loans will my new loans be placed on the same timeline as my old loans?
Question!
My loans start in 1996. In 2010 Sallie Mae suggested I consolidate. I did.
*Did i now lose 14 years because of this? Does the clock start in 2010 instead of 1996?
😞
You normally lose credit, but as we shared in the video, the IDR Waiver gives you retroactive credit -- so long as your loans are owned by the Education Department. You can check that status on StudentAid.gov.
Is there a flow chart to guide people to see if the IDR waiver before this December is the right thing to do?
Not that I'm aware of. TBH, I can't think of a good reason why most people shouldn't consolidate.
I am 63 and have managed to accrue 30,000. Of interest despite making payments.
You are suggesting I consolidate?! I will Monday
I'm not sure without looking at your loans.
I just graduated, would this work for me?
It can. But the relief you’ll get depends on your time in repayment, forbearance, and deferment.
One loan taken out in 2003 ( undergraduate) it is called a consolidated loan, but not sure if it was consolidated again, will it still qualify?
Based on what you shared, it's impossible to answer your question. Plus, UA-cam comments isn't really the best place to deliver advice. Yet, the first thing you should do is check what type of consolidaiton loan do you have (FFEL or Direct). Then, look to see if your loan is owned by the Education Department or a third-party guaranty agency.
@@stanleytate The loan is a DL Consolidated Subsidized and heald by Advantage. So it's not private.. Guarantor and owner of loan is the Dept. Of Education. It was dispersed in 2002. Also had 3 Plus loans that were dispersed in 1993 and those were just recently double consolidated.
I want to WESTWOOD between 2002-2015 and i have Navient FFEL , would I Qualify for the loan forgiveness Sweet VS Cardona Settlement
If you haven't yet submitted a borrower defense claim, you wouldn't qualify for Sweet v Cardona. You can still submit a borrower defense claim online at StudentAid.gov
"Borrowers with original principal balances of $12,000 or less will receive forgiveness of any remaining balance after making 10 years of payments, with the maximum repayment period before forgiveness rising by one year for every additional $1,000 borrowed. For example, if your original principal balance is $14,000, you will see forgiveness after 12 years. Payments made previously (before 2024) and those made going forward will both count toward these maximum forgiveness timeframes." Do you have any clarification on this? What if all my original loans were less than $12,000 but I have old FFEL loans so I consolidated all my loans into 1 direct loan to take advantage of the one-time payment adjustment which would put over me 10 years of payments but less than 20 years of payments. Does the consolidation put me back on the 20 year forgiveness since my consolidated balance will be $72,000 or since all my loans that were consolidated had less $12,000 original balance will that get me forgiveness at the 10 year level?
That only applies to new loans -- not old loans.
I took out a private student loan to become a registered nurse. Would I be eligble for a federal consolidation? I noticedon the federal student aid site under eligibility for consolidation. it states "Nursing Student Loans" would you be able to clarify?
Unfortunately, private student loans can never become federal student loans. And that's true no matter what purpose you borrowed them for.
Son is too congested to understand?
Maybe I can refinance my home through a Biden school loan and get that written off??? Maybe my credit cards too.
Nah I can bankrupt those you at least have a way out…. Why are u even here go to fox and complain
Do the people who paid their debt off get back their money back?
No.
@@stanleytate Then if the people who paid it back don't get their money then neither should anyone else.
@@stevereed8786that is not how biden is looking at it. In politics, not everyone will win. It's just how it works. Presidents have the finest meals, accommodations, and maid service paid by the taxpayers. We can't knock on the white house door and say, hook us up, that's our money. It doesn't work like that.
It’s crazy how people put in all this effort to figure out strategies how to get out of a debt they took out - rather than figuring out the responsible way to make money to pay it off.
Honestly this is still sinking in for me. I am another TX student loan borrower and client for Mr. Tate who is benefiting from these developments. Mr. Tate’s assistance has been truly transformative and life changing,. Don’t delay, check out how consolidation(if needed) can get you on track.
\
Glad my team and I could help!
Thanks for this video! I currently have 3 types of loans for my undergrad degree earned in 2014 ( Subsudized fed loan, unsubsudised and the Federal Perkins) Federal perkins is serviced by ECIS. The two Fed Sub and unsub loans were considered when i applied for the SAVE IDR.. without consolidating my federal perkins loan into the plan) .. Is this a smart move to make? I am planning to pay off my perkins in a one time payment since it's 15k.. I
I'm glad you got a hold of your loans. Without looking at your loans, it's super hard to say what's the smart move to make. You're welcome to check out the resources on our site or book a consultation to get more specific help.