September 20, 2024
Beyond Your Wallet: 4 Unexpected Ways to Tackle Student Loan Debt
As student loan forbearance ends, individuals may find assistance from unexpected sources. Employers can offer tax-free student loan payments up to $5,250 annually. Families can utilize 529 savings plans to pay off student loans, with up to $10,000 available per person. The government offers student loan forgiveness programs, particularly for those in specific careers or enrolled in income-driven repayment plans. Finally, military service can qualify individuals for student loan repayment programs.
