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Financial Discussion

It is always wise to have a secure financial foundation. Here is a place to ask questions, exchange ideas and share information on how to make the most of your money.

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#1 Posted : Saturday, November 13, 2021 10:56:09 AM(UTC)

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I hardly ever post anymore, but I think this information is really important, and could help so many Military & Federal employees financially , especially those who are older, close to retirement, but cannot retire due to student loans, or those who have a disability and will have limited income.

The Biden administration has just mass Forgiven 25,000 Student loans for military & federal employees For the PSLF program.

PSLF stands for public student loan Forgiveness

I was notified yesterday that all $45,000 of my student loans have been forgiven.

I am still in shock, but happy and relieved.

Theoretically you need 120 payments or 10 years of payments during military or federal service.

I was only three payments away, but the Biden administration came out with a waiver that Gives you credit for payments that were not allowed before.

I was given seven extra payments which put me over 120 payments.

Many people have had 60 or more payments added that brought them to 120 payments.

The special waiver ends in 2022 (October), so act now!

Please go here for information

Thank you President Biden!!!

Edited by user Saturday, November 13, 2021 11:02:25 AM(UTC)  | Reason: Grammar

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