Student loan borrowers should take these steps before presidential administration changes

Politics and Government Politics and Government

Fri, January 3, 2025

[ Fri, Jan 03rd ] - MSN

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[ Fri, Jan 03rd ] - Reuters

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Thu, January 2, 2025

[ Thu, Jan 02nd ] - MSN

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[ Thu, Jan 02nd ] - MSN

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[ Thu, Jan 02nd ] - MSN

Wayne Osmond, Osmond Brothers singer and sibling of Donny and Marie, dies at 73

[ Thu, Jan 02nd ] - Yahoo

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[ Thu, Jan 02nd ] - Yahoo

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[ Thu, Jan 02nd ] - Indiatimes

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Student loan borrowers should take these steps before presidential administration changes

^{Published on 2025-01-02 16:20:46 - MSN}

The country's roughly 40 million federal student loan borrowers should brace for change when President Joe Biden exits office toward the end of the month.

The article from MSN discusses the implications of a potential change in presidential administration on student loan policies. It advises student loan borrowers to take proactive steps before any such change occurs. Key points include understanding the current status of student loan forgiveness programs, like the Biden administration's SAVE plan, which could be altered or eliminated by a new administration. Borrowers are encouraged to review their loan terms, consider refinancing options, and possibly accelerate their payments if they anticipate less favorable terms in the future. The article also suggests staying informed about legislative changes, preparing for potential shifts in loan servicing, and possibly engaging with advocacy groups to protect their interests. It emphasizes the importance of financial planning and awareness in light of political uncertainty surrounding student loan policies.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/student-loan-borrowers-should-take-these-steps-before-presidential-administration-changes/ar-AA1wRQVG ]

N@N

Student loan borrowers should take these steps before presidential administration changes