{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5cd31efb995459133c97ab7d/62bb5143b7c4bb00122f0f71?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Money Talks: Student Loans 2022","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/5cd31efb995459133c97ab7d/1656441390914-b1aad4b3923e0a3ed6722b59a32a7ec9.jpeg?height=200","description":"<p>According to the Mississippi State Treasurer’s office, the average Mississippi student graduates college with $30,000 worth of debt. Also, 30% of these graduates are reporting delaying major life milestones (getting married, buying a house or car, and even having kids!) We'll discuss and answer questions about student loans.</p><p><br></p><p>Blog post that the New Perspectives interns wrote that ties in with the episode of Money Talks about mortgages: </p><p><a href=\"https://newper.blogspot.com/2022/06/heloc-vs-cash-out-refinance.html\" rel=\"noopener noreferrer\" target=\"_blank\">https://newper.blogspot.com/2022/06/heloc-vs-cash-out-refinance.html</a></p><p><br></p><p>Compete to Complete: <a href=\"http://moneytalks.mpbonline.org/5cd31f1533f6c1be55607d6e\" rel=\"noopener noreferrer\" target=\"_blank\">http://moneytalks.mpbonline.org/5cd31f1533f6c1be55607d6e</a></p><p><a href=\"https://www.msc2c.org/\" rel=\"noopener noreferrer\" target=\"_blank\">https://www.msc2c.org/</a></p><p><br></p><p><br></p><p><a href=\"https://studentaid.gov/\" rel=\"noopener noreferrer\" target=\"_blank\">https://studentaid.gov/</a></p><p>COVID-19 Emergency Relief and Federal Student Aid</p><p>On April 6, 2022, the U.S. Department of Education (ED) extended the student loan payment pause through Aug. 31, 2022. The pause includes the following relief measures for eligible loans:</p><ul><li>a suspension of loan payments</li><li>a 0% interest rate</li><li>stopped collections on defaulted loans</li></ul><p><a href=\"https://studentaid.gov/announcements-events/covid-19\" rel=\"noopener noreferrer\" target=\"_blank\">https://studentaid.gov/announcements-events/covid-19</a></p><p><br></p><p>FAFSA website: <a href=\"https://studentaid.gov/h/apply-for-aid/fafsa\" rel=\"noopener noreferrer\" target=\"_blank\">https://studentaid.gov/h/apply-for-aid/fafsa</a></p><p>Subsidized and unsubsidized loans</p><p>Private and government loans</p><p><br></p><p>Private education loans are not eligible for consolidation, but for some Direct Consolidation Loan repayment plans, the total amount of your education loan debt—including any private education loans—determines how long you have to repay your Direct Consolidation Loan.</p><p>Direct PLUS Loans received by parents to help pay for a dependent student’s education cannot be consolidated together with federal student loans that the student received. <a href=\"https://studentaid.gov/manage-loans/consolidation\" rel=\"noopener noreferrer\" target=\"_blank\">https://studentaid.gov/manage-loans/consolidation</a></p><p><br></p><p>Questions:</p><ul><li>Retired and paying student loans</li><li>Private loans</li><li>Loan not reported on credit report</li><li>Subsidized</li><li>For profit college</li></ul><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p>","author_name":"MPB Think Radio"}