Imagine having your student loan debt completely wiped out within the next month! It may sound impossible, but for 800 thousand people, this dream is about to become a reality. The Education Department recently announced plans to write off over $39 billion of loans, tax-free, benefiting those who have been burdened by student loan debt for over 20 years.

In this video, we’ll break down the eligibility criteria for the program and reveal the hidden benefits of consolidation. Learn how combining your federal loans could accelerate your journey to loan forgiveness, as demonstrated by real success stories like Kyle’s, who eliminated almost half a million dollars in student debt.

Don’t miss this opportunity to take charge of your financial future. Watch now to explore the path to student loan forgiveness and find out if it’s time for you to consolidate.

*ADDITIONAL READING*

Want a deeper dive? Read our blog post on *How the IDR Waiver Works* available here: https://www.tateesq.com/learn/idr-waiver-adjustment

And on *Should I Consolidate My FFEL Loans to Direct Loans* available here: https://www.tateesq.com/learn/ffel-should-consolidate-direct-loans/

*TIME STAMPS*

00:00 Introduction

01:07 Context & Background

02:07 Explanation of Income-Based Forgiveness

02:48 IDR Waiver Explanation

03:34 Eligibility & Consolidation

05:11 Consolidation Superpowers

06:36 Case Study: Kyle

07:40 Clarifying Consolidation & Waiver

08:23 Outro

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*CREDITS*

Hosted by Stanley Tate

Produced by Marc Vilarnau

Editing by Marc Vilarnau

Motion graphics by Unai Vellido

Copywriting by Emma Head

Color Correction by Bojan Ilieski