FPA Connect: Maximizing Student Loan Forgiveness with the Public Service Loan Forgiveness Program
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May 19, 2022 @ 12:00 pm - 1:00 pm EDT
FREE to AFCPE members.With student loan debt surpassing $1.5 trillion, borrowers are looking for any way to ease their burden, including the Public Service Loan Forgiveness (PSLF) program. Over the years PSLF has become more complex, with new income-driven repayment plans that are more confusing than helpful. Navigating to the correct repayment plan can require a range of high-level personal finance skills, including projecting your tax-filing status for the next 10 years, ensuring you have the right type of loans, possibly consolidating one type of loan but not another, and more. By knowing the intricacies of the PSLF program, financial professionals can help their clients maximize their forgiveness and avoid the many pitfalls of the PSLF program.
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Presenter: Adam C Hagerman, CFP®