We are experiencing a full blown student loan crisis in this country, with outstanding student debt in this country standing at $1.57 trillion dollars, as of 2020.  Student loan debt can snowball into all areas of your financial life, affecting your ability (or even desire) to buy a home, travel, invest in retirement, or even start a family.

Diane Watson of Avenues 2 Wealth specializes in student loan debt and how to manage it.  Today she joins Jon “JAG” Gay to answer some pressing questions, including:

• What options are available to borrowers?
• What are the differences between long term forgiveness and Public Service forgiveness?
• Should a borrower consolidate their loans?
• What is the status of forbearance under the CARES Act? How long will it last?
• Should a borrower make payments during forbearance? 
• What if you lost your job during COVID?
• What ideas are being looked at by the government to alleviate this crisis, and what can borrowers do in the meantime?

Reach Out to Avenues to Wealth:

Website: https://www.a2wfinancial.com/

Email: [email protected]

Call: (970) 372-0541