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Common Student Loan Scams and the Potential Benefits of the ICR Plan
Episode 169
Published 4 years, 4 months ago
Description
Meagan Landress, CSLP®, and Dan Rooker, CFP®, CSLP®, sit down to discuss common student loan scams. They also share why the Income-Contingent Repayment (ICR) plan might just be a great option to consider for borrowers looking to take advantage of the limited PSLF Waiver opportunity.
In today's episode, you'll find out:
- Why you should check the StudentAid.gov site frequently
- About some of the most common student loan scams
- Real-life examples of scams our listeners have seen
- Why scams are likely to increase over the coming months
- What to look for to avoid being taken advantage of
- Who should consider the Income-Contingent Repayment plan
- How the ICR plan may push you much closer to forgiveness, if not immediately get you loan forgiveness
- Why your PSLF payment count is probably wrong
- The latest must-knows regarding the limited PSLF waiver