- The Student Loan Strategist
- Posts
- šØ The IDR Waiver Is Under Attack?!
šØ 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 ,
Howāre 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 Bidenās latest forgiveness bill. Never a dull day, I swearā¦.
Letās dive into the top stories:
šØ Conservatives try to block the IDR Waiver
š¤ Can discharged loans be reversed by congress?
š” Why you should buy a house BEFORE paying off your loans
And moreā¦
Go ahead and pour yourself something, take a seat, and hit play š
š No time to watch? Hereās the low down:
šØIs the IDR Waiver at risk? (Spoilerāprobably 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 Bidenās $20k forgiveness plan. But donāt worryāthis time, itās different. And Iām confident the IDR Waiver is safe.
š¤Can congress reverse loans that have already been forgiven?
Itās possible, sure. Itās also possible that weāll all get struck by lightning tomorrow. But is it probable? Absolutely not.
āÆļø Video: Reasons to buy a house BEFORE paying your loans
This might sound reckless. Itās 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 debtās holding you back from buying house, watch this.
ā³ Two weeks left to complete the survey and win $50
Weāll announce the 3 winners in a couple weeks (I accidentally said ānext weekā in the video, my bad) after we close the survey. Iāll be forever grateful if you filled this out for me.
Take the surveyš£ļø 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 meāit is the best tool out there right now. And itās 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 youāve got left til forgiveness.
Want access? Refer one person to this newsletter. Scroll to see how.
š£ļø Referrals
If youāre liking this newsletter, please share the love.
1 referral: Access to our exclusive Student Aid TXT File Reader
10 referrals: An invite to a live Q&A/webinar where Iāll answer your questions
20 referrals: A free, 20-minute consultation with me (worth $200)
Mind telling me what you think of todayās update?
šI love it!
š Itās alright
š¢Could be better
Thatās it for today! Thanks again for being here, .
If youāre already a client of mine, remember to email to me to claim your free call. If you want to become a client, go ahead and book a paid consultation.
Take care,
Tate