Dr. Friday 0:00
Good day. I’m Dr. Friday, president of Dr. Friday Tax and Financial Firm. To get more info go to www.drfriday.com. This is a one-minute moment.
Dr. Friday 0:12
Student loan forgiveness. From March 13 of 2020 through January 31, 2022, the interest rate was zero, and payments were suspended for federal student loans. Now, that doesn’t mean they are today. Because as we know, they’re going to be making them active. And the important thing is they are going to basically start taking some of these back on wage garnishments. After the first of February they basically we’re going to start looking at student loans again. So if you’ve got a student loan, now be the time to make some phone calls. See if there’s any way that you can either settle it, suspend it, or get it to refinance. Either way, you want to deal with it.
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