Understanding Your Student Loan Repayment Options

With payments resuming on federal student loans this fall, the University of California and the U.S. Department of Education’s office of Federal Student Aid have information about new repayment options, so you can make the best choice for your situation.
The webinar addresses income-driven repayment plans, the Public Service Loan Forgiveness program, and other programs that can help make student loan debt more manageable. Knowing your options could help you save thousands of dollars and discharge outstanding loans much sooner than you might realize.
Featuring:
Shawn Brick, Executive Director, Student Financial Support, UC Office of the President
Bonnie Latreille, Student Loan Ombudsman for the U.S. Department of Education’s office of Federal Student Aid
Aprí Medina, Associate Director, Student Financial Support, UC Office of the President
00:00 Intro
01:49 Federal Student Loans Return to Repayment
07:08 Income-Driven Repayment
21:05 Saving on a Valuable Education (Save Plan)
29:21 Public Service Loan Forgiveness (PSLF)
42:21 Permanent Protections
44:12 Next Steps
47:56 Q&A

[@yopyop5546]

Thank you for posting the recording!

[@chrisvolpe5272]

Hi. Thanks for the video. I don’t know if you’re reading these comments. But I’m curious to know if there is a way to know that your one time adjustment has occurred. I’m very close to my PSLF threshold (10 payments left) and I’m curious if I’ll have to start paying on my loans for 10 months, or until the one time adjustment happens, to maintain getting my payment count going. Very curious since payments start back up in 1 month. Thanks!

[@karen4stars]

Can this SAVE program be challenged in court?

[@moniquemiranda7289]

Promo_SM