Amanda

Should be about dogs. Instead, follow me for rage tweets about #studentloans #pslf and the absolute crap hole that the US is right now.

[Amanda @Swissy207]

@heyletsmakestuf Not using the red and gold doesn’t make these legal….swiftie is trademarked, Taylor’s version are currently pending, and right of publicity applies here also. You can’t make money off of a public figure’s name or identity.

[Amanda @Swissy207]

@TokenIntellect @MOHELA @usedgov @FSACOO @SecCardona @UnderSecKvaal @StrikeDebt @theSBPC @DebtCrisisOrg @AAofSLB Weighted percentage is not effective until 7/2024.

[Amanda @Swissy207]

@Dcollier74 I’m not with you on this one. I’ve heard from lots of borrowers looking for a loophole to get another year of $0 payments, but anyone who thought this delinquent-but-no-penalty period would be qualifying is just being disingenuous.

[Amanda @Swissy207]

@TokenIntellect @POTUS @SecCardona @AdamSMinsky They gave you 3 years of $0 payments that count. This is an absolutely ridiculous argument.

[Amanda @Swissy207]

@What46HasDone This does not go into effect early. 7/1/2024. SOME pieces of the new plan have been slated for early implementation.

[Amanda @Swissy207]

@transscribe Thank you for calling this out. Been horrified all morning.

[Amanda @Swissy207]

@olsonplanner @StudentLoanAdv I would add to the above that I’m an OG PSLF person so I like to do things with a huge time buffer - if a borrower is currently unsure what’s best I suggest PAYE for the present so they can have some more time to do the math long term with the modified REPAYE.

[Amanda @Swissy207]

@olsonplanner @StudentLoanAdv IBR is not, they can’t do that through rulemaking. ICR will then only be for parent plus consolidations (that haven’t used the double cons loophole). It should be when the final rule is implemented but I’d personally want to switch before the final rule is published for comfort.

[Amanda @Swissy207]

@StudentLoanAdv @olsonplanner You can, but they did put some limitations on switching for idr forgiveness purposes. May or may not be significant for high income earners, but good to knowOther changes of note include that when MFS to exclude on all plans that the spouse will not be included in family size.

[Amanda @Swissy207]

@IanBrodka @olsonplanner Not necessarily - one of the benefits of PAYE for future high earners is that it is capped at the original 10 year standard repayment amount. REPAYE has no cap. Those on PAYE when it’s phased out will be able to remain on it. Sort of a last chance right now.

[Amanda @Swissy207]

@IanBrodka @olsonplanner That PAYE is going away very soon.

[Amanda @Swissy207]

@CatraHolly @ask_aubry Life insurance is also not part of the estate unless the estate is the named beneficiary or there is none. It’s the legal property of the beneficiary

Morally though yikes. Son mentioned changing it, didn’t get around to it before his untimely death. He made his intentions clear.

[Amanda @Swissy207]

@goodbadgeeky Earliest anyone could possibly hit 120 is 9/2017, PSLF started 10/2007. She would only receive a refund on actual paymenrs made in excesss of 120 after her consolidation. So unless she continued to pay after that, she will not receive a refund.

[Amanda @Swissy207]

@ACHesquire @FSACOO @SecCardona @FAFSA @usedgov @MOHELA MOHELA and FSA reps are still giving out inaccurate information about PSLF counts resetting on consolidations by 5/1 under the IDR Adjustment. Borrowers are being misinformed every day. We beg you, publish the faq today.

[Amanda @Swissy207]

@StudentLoanTrav Travis, I have something that you may find helpful re: this question. If you want to message me or let me know how to send it to you privately I will.

[Amanda @Swissy207]

@ACHesquire just watched your webinar with TISLA - a key question that was billed as part of this webinar was not addressed. How can we contact you for a direct answer?

[Amanda @Swissy207]

@DrTonySquillaro @StudentLoanTrav It will depend on the terms of the work at the hospital really. If you’re talking about a private practice doctor with a practice who has privileges at the hospital? Not likely. We’ll probably have to wait for implementation language in July.

[Amanda @Swissy207]

@DrTonySquillaro @StudentLoanTrav See rule changes to PSLF effective 7/1.

[Amanda @Swissy207]

@GrahamONeill84 @usedgov @MOHELA If I assume the person has more knowledge than they really do, I may miss providing a critical detail - refunds are one of the most misunderstood issues right now, even among the experienced. So unless I know your knowledge level, I answer from a zero perspective.

[Amanda @Swissy207]

@GrahamONeill84 @usedgov @MOHELA Which is why I answer as fully as possible in the space allowed. Your original questions were fairly broad and weren’t simple yes or no. Twitter is a poor forum for this, IMO. I do on occasion try and answer some quick ones on these threads bc Ed does not.