First, I need to apologize, because not every Colorado teacher just got a big raise. But due to a confluence of circumstances, quite a few did. These circumstances include: The state legislature having surplus dollars and finally deciding to try to make up for the years of underfunding of K-12 education (known, I kid you … Continue reading Colorado Teachers Just Got a Big Raise: Now What?
Student Loan IDR Waiver Extended to December 31st, 2023
Recently I wrote about the proposed new REPAYE program for federal student loans. While we still haven't heard whether this is going to go through as proposed or will be modified, we did get a different announcement last week from the Department of Education which is also a huge deal for many federal student loan … Continue reading Student Loan IDR Waiver Extended to December 31st, 2023
Free Student Loan Help for NEA Members
Folks who are members of the National Education Association have access to a free student debt navigator program called Savi. This is an online tool that asks you a bunch of questions about your student loans and the rest of your financial situation (income, taxes, marital status, loan forgiveness eligibility, etc.) and then gives you … Continue reading Free Student Loan Help for NEA Members
The New Student Loan REPAYE Plan: Almost Free College for Most?
Important Caveats: Student loans are complicated, the rules change often, and I am not an expert. The new REPAYE Plan is still in the proposal stage. While it looks likely to go through later this summer (presumably before the student loan payment pause ends), there still could be adjustments to the provisions described below. This … Continue reading The New Student Loan REPAYE Plan: Almost Free College for Most?
Colorado Educator Loan Forgiveness
I meant to write this post a while back, but thankfully was reminded by Ben Johnson's Facebook post. While many educators are aware of the federal Public Service Loan Forgiveness program, for some reason the Colorado program doesn't seem to be well advertised. Colorado currently has two loan forgiveness programs for Colorado educators, both with … Continue reading Colorado Educator Loan Forgiveness