Answers to 5 confusing student loan debt cancellation questions

PennyWise: Personal Finance & Travel Tips

Answers to 5 confusing student loan debt cancellation questions

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Published on Jan 11, 2023, 3:25:02 PM
Total time: 00:12:56

Episode Description

Is there any new information about the student loan debt cancellation plan from the President?

Host Teri Barr is finding out by talking with Cecilia Clark, a student loan specialist with NerdWallet.

Clark also answers the five biggest and most confusing questions about student debt cancellation, including if the lawsuits filed against the President's plan are going to the Supreme Court anytime soon, plus two new parts of the plan to consider if you are already thinking about bankruptcy.

Also, the income-driven repayment plan hasn't received a whole lot of attention, but could be important for many borrowers:

More from Cecilia at NerdWallet:

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PennyWise is a show about money, personal finance, investing and travel. Hosted by Nat Cardona, the program features a variety of financial experts who can help save you money.