🫣 Dreading your monthly loan bill?

Welcome to the 353 new readers this week! They've joined 9,044 readers getting no b.s. student loan news.

Hey ,

Hope you’re having a great week so far.

It’s been a busy one here in student loan land. Today, we’re bringing you stories worth celebrating, an important deadline, and as always, secret loopholes your lenders don’t want you to know about.

Let’s get into today’s top stories:

• 🌊 Forgiveness keeps coming in waves

• 📆 Payments restart next week—are you ready?

• 🎓 Some employers are paying student loans as a job perk

• 🤝 Should I consolidate?

• 👨‍👧A message for Parent PLUS borrowers

And more…

Come on in, get yourself a drink, and hit play 👇

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

• 🌊Forgiveness keeps coming in waves
  Around September 22, another bunch of my clients got their long-awaited emails saying some or all of their loans are getting forgiven. Which is awesome. But if you’re still saddled with your debt, listen up. If we’ve consolidated your loans, if we’ve put you on track for the IDR Waiver, or if we’ve put you on the path to forgiveness—your day will come too. We don’t know when, but it’ll happen.
  If we haven’t worked together, feel free to book a call with me.
  

• 📆Payments restart next week. Ready?
  Some of you have got your bills already. And understandably, you’re freaking out. I want to reiterate: for many of you it makes sense to get on the SAVE plan. This could shrink those monthly payments to something super affordable. If you live alone and earn $150k+ though, SAVE might not be for you. Instead, consider a different repayment plan. And a message for all of you federal borrowers—don’t forget about the 12-month on-ramp period. Please use it if you need it.
  

• 🎓 Some employers are starting to pay student loans as a job perk
  I saw this doing the rounds on TikTok. It’s early days but I’m hopeful this will catch on. In the past four years alone, job postings offering student loan repayment have risen from 5.7% to 9%. If you can, why not talk to your employer about it? And you’re job hunting, it’s something to look out for.

• 🤝The million-dollar question: should I consolidate?
  I encourage you to ask yourself “why shouldn’t I consolidate?” instead. Because for most people, the benefits of consolidation far outweigh the drawbacks. The exception is people with Parent PLUS loans. Consolidation could still be great for you, but take a pause before doing it—and seek professional advice if you can. Otherwise you could end up with a higher payment than you can manage.
  Watch this video to learn more
  

• 👨‍👧A message for Parent PLUS borrowers
  When you’re getting ready to retire, the last thing you want is a huge debt looming over you. Parents, we hear your concerns loud and clear. So we’re preparing a deep dive into all the ways you can reduce or write off your Parent PLUS loans. And trust me, this is not the kind of information you get from the news or your servicer. These are lawyer loopholes, grey areas you won’t quite believe until your loan vanishes in front of your eyes. Get ready for that next week. Until then, hang in there.

🗣️ Referrals

Know someone struggling with student loans? Share this newsletter with someone who needs it.

• 1 referral: Access to our exclusive Student Aid TXT File Reader

• 10 referrals: An invite to a small webinar, where I’ll answer your questions live (worth $5)

• 20 referrals: A free, 20-minute consultation with me (worth $200)

📈 Want to see your product or service here?

Apply to be a sponsor

Thanks for being here, . Come back next week for more student loan updates you won’t find in the news.

And if you ever want me to look at your loans, just book a slot on my calendar.

Take care,

Tate