The moratorium on student loan payments will expire starting September 1st, but there’s also a new program to be aware of called SAVE. Katie and Henah chat through the new requirements for lower payments, if you should pay off loans more quickly, and a potential hack to get your loans dismissed.
Welcome back to #RichGirlRoundup, Money with Katie’s weekly segment where Katie and MWK’s Executive Producer Henah answer your burning money questions. Each month, we’ll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week.
*We are not licensed financial professionals and this is not financial advice.
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Mentioned in the Episode:
- SAVE Plan Announcement: https://studentaid.gov/announcements-events/save-plan
- Federal Student Aid Webpage: https://studentaid.gov/
- White House Webpage: https://www.whitehouse.gov/
- Brian’s Twitter Thread: https://twitter.com/brianmanookian/status/1674963884703088642
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