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- đ¨ The IDR Waiver Is Under Attack?!
đ¨ The IDR Waiver Is Under Attack?!
Welcome to the 64 new readers this week!
They've joined 7,855 readers getting no b.s. student loan news.
Hey ,
Howâre you doing this week?
I just got back home after a long time on the road. But just when I think things are calming down, conservatives slap another lawsuit on Bidenâs latest forgiveness bill. Never a dull day, I swearâŚ.
Letâs dive into the top stories:
đ¨ Conservatives try to block the IDR Waiver
đ¤ Can discharged loans be reversed by congress?
đĄ Why you should buy a house BEFORE paying off your loans
And moreâŚ
Go ahead and pour yourself something, take a seat, and hit play đ
đ No time to watch? Hereâs the low down:
đ¨Is the IDR Waiver at risk? (Spoilerâprobably not)
On Friday, a conservative group from Michigan filed a lawsuit against the IDR Waiver. I know this sounds scary, especially after the Supreme Court just shot down Bidenâs $20k forgiveness plan. But donât worryâthis time, itâs different. And Iâm confident the IDR Waiver is safe.
đ¤Can congress reverse loans that have already been forgiven?
Itâs possible, sure. Itâs also possible that weâll all get struck by lightning tomorrow. But is it probable? Absolutely not.
âŻď¸ Video: Reasons to buy a house BEFORE paying your loans
This might sound reckless. Itâs a hot take for sure. But I want to debunk the idea that you have to put your entire life on hold until you pay your debts. That narrative sucks. So if debtâs holding you back from buying house, watch this.
âł Two weeks left to complete the survey and win $50
Weâll announce the 3 winners in a couple weeks (I accidentally said ânext weekâ in the video, my bad) after we close the survey. Iâll be forever grateful if you filled this out for me.
Take the surveyđŁď¸ Community question: how do I count my credit towards forgiveness?
Honestly, the simplest way to check this is through my TXT File Reader. This might sound like a shameless plug, but trust meâit is the best tool out there right now. And itâs free. It transforms your Student Aid data file into a beautiful loan-by-loan breakdown, showing time spent in repayment, forbearance, and deferment. This makes it way easier to calculate how long youâve got left til forgiveness.
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đŁď¸ Referrals
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Mind telling me what you think of todayâs update?
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Thatâs it for today! Thanks again for being here, .
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Take care,
Tate