💸 3m borrowers are getting compensated

Welcome to the 198 new readers this week! They've joined 11,163 readers getting no B.S. student loan news.

Hey ,

Let’s look at this week’s top stories:

• 💸 3m borrowers to be compensated for servicer screwups

• 🚫 Republican officials tried—and failed—to block SAVE

• 🏦 A record number of borrowers choose bankruptcy

• 🎤 How do you track your finances?

And more…

Come on in, take a seat, and hit play 👇

(Psst…watch until the end to hear your questions answered)

🔍 No time to watch? Here’s the low down:

• 💸 3m borrowers to be compensated for servicer screwups
  In light of the recent servicing errors, the Department of Education said they’ll be waiving interest, cancelling payments, and crediting affected borrowers with time toward student loan forgiveness.
  Read the full story
  
  

• 🚫 Republican group tried—and failed—to block SAVE

  The group branded SAVE a “free college scheme” and tried to block it last Wednesday. Luckily, the Senate struck it down. SAVE is still safe.
  Read more
  
  

• 🏦More borrowers choose bankruptcy
  There’s been about a 30% rise in bankruptcy cases this year compared to last year. But should you consider it? Here’s when bankruptcy is worth considering:

  • If you have private student loans

  • If you owe a significant amount of debt

  • If your income is low

  See if bankruptcy’s for you

  
  

• 📹 Saturday December 9: Ask me anything—live!
  Got questions but aren’t ready to pay the consultation fee? Come along to my webinar on Saturday December 9, and I’ll answer your questions.
  Register here
  
  

• ⭐️ Reminder: A call for success stories
  A huge thank you to everyone who’s submitted their stories of student loan triumph. If you’ve got one too, I want to hear from you.
  Share your story

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That’s all for today, . Come back next week for more student loans updates.

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Take care,

Tate