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I've written before about Colorado Educator Loan Forgiveness (currently in-between offerings but the application should open up again sometime this fall). But I just ran across this new forgiveness program for Colorado Early Childhood Educators (birth to age 5). Round 3 application link will be open Friday, August 4 through Tuesday, August 31, 2023. Awards … Continue reading Colorado ECE Educator Loan Forgiveness
Seriously. If you are an educator with outstanding federal student loans, you need to complete the following four steps ASAP. Note: The following applies to anyone with federal student loans, but some of the specifics are geared toward educators. But if you are not an educator, you should still work through the following steps. First, … Continue reading Educators With Student Loans: Do This NOW!
Many folks were disappointed today when the Supreme Court struck down the Biden Administration's proposal to forgive $10,000 in student loans (up to $20,000 for those will Pell Grants). While disappointing, the Biden administration immediately announced the final version of a new proposed program that I wrote about previously. The new program is called SAVE … Continue reading Saving on a Valuable Education (SAVE) Plan: Important (and huge for many!) Changes to Student Loan Repayment
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?
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
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
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