VIDEO: PSLF Buyback Explained: How to Turn Past Forbearance Months Into Qualifying Payments

  • Student Loans
If you’ve worked 10+ years in public service but were placed in deferment or forbearance, the new PSLF Buyback program could help you reach forgiveness, even if those months didn’t originally count.

In this video, I break down what PSLF Buyback is:

  • Who qualifies
  • Which months you can and cannot buy back
  • How your buyback amount is calculated
  • The exact steps to request a buyback
  • Common pitfalls that can void your agreement 
  • How to avoid delays and maximize your PSLF outcome

 

This update is huge for nurses, teachers, nonprofit workers, and government employees. If you’re close to the 120-payment requirement, this could be your path to immediate forgiveness.

– – – – – – – – – – – – – – – – 

Go to our YouTube channel to:

  • LIKE this video if you found it helpful
  • COMMENT with your questions or experiences
  • SUBSCRIBE for more on family finances, education planning, and saving tips

This material is intended for educational purposes only. You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. Dorval & Chorne Financial Advisors is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.

Share the Post:

Related Posts

Start Planning Your Quality of Life

Find out how our financial planning can help you attain the quality of life you're looking for.
Let's Get Acquainted
Dorval_Chorne-Team-2024-900w