Why You Shouldn’t Panic About Forgiveness Counts Being Rolled Back

This is a two-for-one episode. We’ll start by digging into the mailbag and answering questions you sent in. Then we’ll get to the topic filling my inbox with panicked emails: whether the Department of Education can take back forgiveness counts that were already granted. If you followed the rules, you shouldn’t be worried, and I’ll explain what I think is actually going on with these count corrections.

Key moments:

(00:00) Choosing the right college and degree in the new era of borrowing limits

(06:04) What to do when your loan servicer gets your PSLF payment count wrong

(08:14) Handling $145,000 in loans on a new engineer's starting salary

(14:34) How the IDR account adjustment explains the counts being corrected now

(18:51) Whether granted forgiveness can be reversed, and who gains from the panic

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