Are you one of the teachers who has received some of the billions in student loan relief—or are you still looking for a chance to reduce your debt?
Since October 2021, the U.S. Department of Education has forgiven $56.7 billion in loan balances through the Public Service Loan Forgiveness program. Make sure you don’t miss out on a chance to lessen your student loan burden.
A deadline for taking advantage of an opportunity to consolidate your loans is coming up April 30, 2024.
“You can receive retroactive credit for all past payments, even if you have the ‘wrong’ type of loans or paid through an ineligible repayment plan,” explains Martin Lynch of Cambridge Credit Counseling, a CEA member benefits partner. “This applies to everyone with federal student loans, including Parent PLUS loan holders.”
If you’re not certain what that means for you and the loans you’re carrying, join CEA’s next free webinar with Cambridge Credit Counseling on March 14, 6-7 p.m.
Discover the key strategies and resources available to you as Cambridge Credit demystifies the world of student debt. Whether you’re a recent graduate or a seasoned professional looking to tackle lingering student loans, this virtual event is tailored to provide valuable insights.