This week Sara and I pepper student-loan specialist Danika Waddell with questions about two different student loan programs: the Biden $10,000 debt relief program, which you’ve probably heard of, AND the Public Student Loan Forgiveness program, which you might not have heard about.The Public Student Loan Forgiveness waiver is a temporary rule change for a program that lets people who have worked in public service (in government, certain non-profits, school districts, public health, etc.) for ten years to apply for loan forgiveness. ***This is DIFFERENT than the $10,000 Biden student debt relief plan.*** Do you have student loans? Have you ever worked as a teacher at a public school? Have you worked as a social worker? Have you ever worked in an under-served health care setting? It doesn’t matter that you haven’t worked in a qualifying institution for ten years yet, you can still apply and have all of your additional years and payments start counting for future forgiveness. If there’s any chance you might qualify, please investigate and APPLY NOW! The temporary waiver expires on October 31st, 2022.We also discuss the latest information about the Biden $10,000 program, and where to keep up-to-date.Here are the resources we talk about in the episode for learning more: - This NYTimes summary is fantastic. - Details on the actual Public Service Loan Forgiveness program (PSLF). - Trying to determine who your loan servicer is? Student aid is the place to go. - You can sign up for notifications about your loan forgiveness here. - Tool for calculating the best repayment plan. - Free advice about student loans. - PSLF program announcement. - PSLF waiver explainer page with FAQs and explanations. - PSLF application with explainer tool. - Public Service Loan Forgiveness (PSLF) Program Support Facebook group.Many thanks to Danika Waddell, founder and president of Xena Financial Planning who answered all our student loan forgiveness questions with patience and humor, and provided this great list of resources.So get going and get applying! Remember, you don’t need all of your forms and information right now, the most important thing is that you submit an application by October 31st, 2022.Ask us your dumb investing and finance questions for Season 2 on our Ask Us page! Transcripts for this episode also available on our website. This episode was edited by Kelly West. Music by Bad Bad Hats and Devmo.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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