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The latest round of the Colorado Educator Loan Forgiveness Program is now open (closes 4/30/24), and you can complete the easy and quick application now. As I've written about previously, every Colorado educator with Federal student loans should apply for this. While the number of awards is limited, some of you will receive $5,000 to … Continue reading Colorado Educator Loan Forgiveness Application Open
I just contacted my Colorado state representatives to ask them to consider changing the implementation of the Colorado Educator Loan Forgiveness program which was put into place by Senate Bill 19-003 (pdf). I've written about this program before, and it's a good program, but the implementation is less than ideal. I'm including the text of … Continue reading Colorado Educator Loan Forgiveness Implementation: An Open Letter to My State Representatives
I've written previously about Colorado's two educator loan forgiveness programs (these are in addition to the federal loan forgiveness). One of those programs, the Temporary Educator Loan Forgiveness Program is about to open up for another round of applications on September 1st, 2023. Note: Even if you've received this forgiveness before, you can apply again.) … Continue reading New Round of Colorado Temporary Educator Loan Forgiveness Opens September 1st
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
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