There has been a lot of hype around the New SAVE Plan being offered by the Department of Education, but the real question is... will it save you money?

If you've been following my posts, you probably already know my answer to this question and that is... it depends.

Read about the one-time IDR Adjustment to see if you might qualify 👇🏾If you do and need to take action, the deadline is 12/31/23. Don't wait until it's too late ‼️

While Federal Student Loans have been paused for the last 3 years, the flurry of activity happening within the Department of Education to fix many issues the student loan program has been dealing with for decades has been FULL SPEED AHEAD!

This is GOOD NEWS for you IF you are PAYING ATTENTION!

The Federal Student Loan Payment Pause ended September 1st. What does that mean?

It means the Interest Clock is Ticking!

See, one of the biggest problems the federal student loan program has had is something called Negative Amortization. What that means is that you may be making payments every month but your student loan balance is still INCREASING!

The 30-Day until Repay Countdown has begun... Are you ready?

So much has changed with Student Loans since the COVID-19 Forbearance began. There are new service providers, payment plan options, limited waivers and programs still being offered with upcoming deadlines, just to name a few.

🚨 NEW EPISODE ALERT! 🚨

Have questions about student loans?

In this episode of The Financial Coaches Podcast, the hosts are joined by special guest “The Student Loan Coach”, Renée Earwood to discuss ALL things student loans. This was an extremely value packed episode, so buckle up and enjoy the ride.

LISTEN HERE - https://www.newmoneyhabits.com/.../the-financial-coaches...

Renee Earwood, Founder and CEO of Student Loan Coach LLC, was recently featured in the Ask an Expert Section of WalletHub. A leading personal finance website. Click the link to read Renee’s advice regarding the best credit cards for college students…

I've been a Financial Counselor and Coach specializing in Student Loan Debt since 2016. Since that time, I've counseled hundreds of clients on their student loan debt.

It’s no secret that there is a host of problems with the federal student loan program. I want to discuss one of those problems in this post.