News

  • October 19, 2022

Student debt relief resources collected

There are a number of factors to take into consideration when applying for student loan debt relief. Read all you can about the program, eligibility requirements, tax consequences and protect yourself before moving forward. 

  • Scams have exploded since the relief program was announced in August. If you get a phone call, email or text requesting an immediate response or personal information do not respond. Read more about how to protect yourself here.

     

  • Read this Associated Press article about the debt relief website as well as additional articles on legal challenges to the forgiveness program and how to get a refund if you paid on your loan during the pandemic.

  • Will you have to pay state taxes on your forgiven loan? Some states will consider it taxable. Read more here.

     

  • Maybe the terms of the debt relief program are not favorable to you. You can opt out. Read more here
  • Important Note: The Public Service Loan Forgiveness Waiver ends Oct. 31! Use this Department of Education tool to help determine your eligibility for forgiveness through the Public Service Loan Forgiveness program or Temporary Expanded Public Service Loan Forgiveness program. The tool also includes guidance on completing and filing the Public Service Loan Forgiveness form.