Jackie Whitehead - The STEM Financial Strategist™’s Post

Update for Student Loan Borrowers: The Department of Education has announced early implementation of student loan forgiveness for those in the SAVE plan starting February. Eligible borrowers with at least 10 years of repayment history can see their federal student loans forgiven. Don’t get too excited. This is only for undergrads with $12k debt or less. For more details, read the full article at https://ow.ly/2ecr50QrVMz #SLProfessor #StudentLoanForgiveness #SAVEPlan #StudentLoanUpdate

📧 Keep an eye on your inbox—you might qualify for automatic student loan forgiveness! Over 25 million borrowers are getting emails from the U.S. Department of Education about a new student loan forgiveness program. If you've been stuck with runaway interest, repaying loans for 20+ years, or enrolled in low-value programs, this could be your chance for relief. To learn more about this important update, check out our blog post: https://loom.ly/5YLbTMY Or visit our website at financialrelief.com! #studentdebt #studentloans #studentdebtrelief #debt #studentloanlawyer #askanattorney

Update for Student Loan Borrowers: The Department of Education has announced early implementation of student loan forgiveness for those in the SAVE plan starting February. Eligible borrowers with at least 10 years of repayment history can see their federal student loans forgiven. Don’t get too excited. This is only for undergrads with $12k debt or less. For more details, read the full article at https://ow.ly/T3Ha50QrVMy #SLProfessor #StudentLoanForgiveness #SAVEPlan #StudentLoanUpdate

📢 Student Loan Forgiveness Blocked Again. What Borrowers Need To Do Now! One day after a temporary restraining order on student loan forgiveness was lifted last week, it was put on hold again. U.S. District Judge Matthew Schelp issued an injunction 24 hours after the temporary order was lifted, leaving millions of borrowers uncertain. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗼𝗿 𝗕𝗼𝗿𝗿𝗼𝘄𝗲𝗿𝘀: • Continue making payments to avoid penalties, as late payments can now impact your credit. • Explore alternative forgiveness programs, such as income-driven repayment plans or public service loan forgiveness. • Stay informed—this legal battle is far from over, and future changes could affect your student loan situation. While broad forgiveness faces challenges, there are still other relief options to consider. Now is the time to explore effective ways to manage your student debt. 😵💫 Feeling confused about your student loans? You’re not alone. Visit 𝘊𝘩𝘢𝘮𝘱𝘪𝘰𝘯 𝘌𝘮𝘱𝘰𝘸𝘦𝘳𝘮𝘦𝘯𝘵 𝘐𝘯𝘴𝘵𝘪𝘵𝘶𝘵𝘦 for free resources and how to schedule a call with one of our Student Loan Mentors today: https://lnkd.in/erRiiNBH #StudentLoanForgiveness #DebtRelief #HigherEducation #FinancialAid #StudentLoans #BidenPlan #LegalUpdates #DebtManagement

To anyone who still has student loans but wants to own a house in the near future, check this out The SAVE repayment plan might just speed up your dreams of becoming a homeowner. SAVE stands for "Saving on a Valuable Education" This was a new program that was rolled out in 2023 and is being enhanced with additional benefits in 2024 Ultimately, it's an income-based repayment plan that reduces your student loan payments more than significantly more than previous versions Some of our clients have seen their payments drop from over $600/mo to $250/month! This does 3 things: 1. Obviously, it lowers your monthly overhead and drastically improves your budget 2. This allows you to speed up the time it takes you to save for a down payment 3. Those lower payments increase your buying power which can help you buy a nicer home that is more accommodating So, if you have student loans, you would want to check out the SAVE program If you have any questions, comment below or DM me.... 😉

University of Pittsburgh Staff and Faculty, on Wednesday, 02/28/2024, TIAA will host a webinar and a Q&A Session for PSLF. TIAA has joined forces with the student loan experts at Savi to help you navigate the complexities of federal student loan programs such as Public Service Loan Forgiveness (PSLF). Join this free online webinar to find out how you can explore lowering your student loan payments and working toward forgiveness. Their Student Loan Experts will help you: -Understand your best repayment options for managing your monthly payments -Learn the basics of student loans and find out if you qualify for forgiveness Get started with Savi to make managing your loans even easier!

With all the STUDENT LOAN CONTROVERSY out there, Don’t Let Your Student Loans Delay Your Homeownership Plans... If you have student loans and want to buy a home, you might have questions about how your debt affects your plans. Do you have to wait until you’ve paid off those loans before you can buy your first home? Or is it possible you could still qualify for a home loan even with that debt? Here’s a look at the latest information so you have the answers you need. A Bankrate article explains:“Roughly 60 percent of U.S. adults who have held student loan debt have put off making important financial decisions due to that debt . . . For Gen Z and millennial borrowers alone, that number rises to 70 percent.” Read the full article here... https://lnkd.in/gvci8SGt Who’s Next?! DM me for more info. #brianbartholomew #carealtor #socalrealestate #firsttimehomebuyer #realestateinvestor #realestate #luxuryrealestate #californiarealtor #realestateexpert #sellyourhome #lovewhereyoulive #movetofullerton

We just added a link for the new income-driven student loan repayment plan to the Homeowner Assistance section of our website. This is more helpful than the previous program with a lower payment cap and $0 payments for low income earners. Research shows that few borrowers know about the newest option so, spread the word! https://lnkd.in/e2P2VQqp #studentloans #tuition #personalfinance #debtrecovery

Are you struggling with student loan debt? You’re not alone. Student loan debt is now the second-highest consumer debt category - behind only mortgage debt - and higher than both credit cards and auto loans. Earning additional income is almost always a quicker way to reach your student loan goals than just trying to spend less, so it's no surprise a recent survey found that 45% of U.S. workers have a side gig earning extra income. It doesn't matter if you're looking for something temporary to pay done your student loan balance or want to start building up some savings, there's no better time than right now to take control of your finances and get ahead of this issue before it gets any worse! What could you do if your student loans was gone? #howmoneyworks #financialeducation #financialliteracy #sidehustle

8th Circuit Court of Appeals Halts SAVE What this means for student loan borrowers and financial advisors with clients holding student loan debt. Review the CSLP Program blog from the CSLA Institute here: https://buff.ly/3ydGIRN #SAVE #Student Loans