Top Four Questions Borrowers Are Asking About Student Loan Forgiveness

Since the student loan forgiveness announcement from the Biden Administration on August 24, 2022, our phones have been busy! The borrowers we have spoken with are frustrated with extremely long hold times when they call their servicers to get information or have found that their servicers have changed. As of today, we are also frustrated Read More

Higher Education Has Always Been Political

September 1, 2022 by Mary Lyn Hammer, CEO Champion ColEDGE Solutions and Champion Empowerment Institute Education has always been subject to political negotiations over funding. Sadly, education laws are often based on funding and not on what will best educate children. Less than 3% of the federal budget goes to education including preschool through college. Read More

Will the Student Loan Pause Be Extended Again?

Will the Student Loan Pause Be Extended Again? Truly no one knows! We can say that the number one question student loan borrowers are asking our Champion Student Success Mentors is: "When will I have to start making payments?" We are powerless to answer this question. Why? Because as of August 16, 2022, the Biden Read More

Married with Student Loans

Applying for income-driven plans can be complicated! Did you know that how you file your taxes, if you are married with student loans and have selected an income-driven repayment plan, can make a difference? The Income-Contingent (ICR), Income-Based (IBR) and Pay-As-You-Earn (PAYE) repayment plans ONLY use the borrower’s adjusted gross income (AGI) if you have Read More

Student Loan Q&A

Student Loan Q&A with Champion Empowerment CHAMPION EMPOWERMENT INSTITUTE Givling Facebook Live Event Expanded Q&A EXPANDED Q&A I am a federal employee. If congress eliminates the Public Service Loan Forgiveness Program (PSLF), what other options do I have? The terms of your existing Promissory Note are legal and binding with the exception of loan forgiveness....

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