Skip to content
Retirement Republic

Menu
  • Home
  • News
  • Retirement Plans
  • Tax
  • Social Security
  • Medicare
Menu

Tag: student loan forgiveness

Loan Forgiveness Applies to Parents and Retirees

Posted on September 5, 2022November 8, 2022 by DT

Parents of college students who may have taken out loans in order to help their children pay for college stand to benefit from President Joe Biden’s proposal to erase some student debt, a potential bonanza for the retirement savings of older Americans who qualify.
The proposal includes Parent PLUS loans, which are federal loans taken out by parents to assist their children in paying for college. In families where the student and the parent took out qualified loans independently, both would be entitled to relief. Private loans and loans taken out after June 30, 2022, do not eligible for forgiveness.
Did You have Parent Plus Loan?

Subscribe to our daily newsletter


  I accept the privacy policy

Trending News

  • Article 1 (5)(1)Senior Discounts Available in 2022
  • Article 2 (5)(1)How Retirees Should Plan for Inflation
  • Article 3 (3)(1)The Age For Retirement Might Be Increased
  • Avoid These 3 Decisions That Could Cost You During Retirement
  • Why Some Prolong Updating Their Estate Plan Before Retirement
©2023 Retirement Republic - Privacy policy - Anti-Spam Policy