\n<\/p>\n
We often think of the new year as a fresh start, but one obstacle that\u2019s still lingering in the background for so many is the burden of student loan debt. The good news is that you don\u2019t have to carry that burden forever, and you don\u2019t have to do it alone.<\/p>\n
With 2023 officially upon us, now\u2019s the perfect time to adjust your money mindset. Let\u2019s review what happened with student loans in 2022, look ahead at what\u2019s coming in 2023 and talk about what you<\/i>\u00a0can do this year to work toward being debt-free, regardless of what the government throws our way.<\/p>\n
President Joe Biden first announced his student loan forgiveness plan in August 2022, offering to cancel up to $20K of student loan debt for millions of Americans. For those burdened by the weight of student loans \u2014 some whom have been paying them off for decades \u2014 this plan felt like a comforting sigh of relief after a difficult two years of the pandemic.<\/p>\n
Others were concerned by this news, wondering how our country could afford to forgive loans considering our national debt that\u2019s soared to over $31 trillion. In response, Republican leaders challenged Biden\u2019s proposal with a lawsuit, which will go to the Supreme Court on February 28, 2023.<\/p>\n
With all the controversial back-and-forth, this topic can feel confusing, disheartening and exhausting. But the truth is, no one knows exactly how this situation will resolve. What we\u00a0do<\/i> know is that you don\u2019t have to wait on the government to get rid of your student loans. Yes, the student loan crisis in America is overwhelming \u2014 and at times, can even feel unfair \u2014 but there are action steps you can take right now to set yourself up for future financial success.<\/p>\n
Here\u2019s what we know for sure and what you can do to make real progress during the uncertainty:<\/p>\n
When it comes to the student loan crisis, there are endless opinions to sort through. But no matter where you fall in the wide range of perspectives, you can be sure about one truth that remains the same: Politicians don\u2019t give you the life you want.\u00a0You do.<\/i>\u00a0And whether you\u2019re months or years into paying off your student loans, don\u2019t give up. Channel all your energy into getting rid of as much of that debt as you can while it\u2019s interest-free. When September comes, you\u2019ll be impressed by all the progress you\u2019ve made.<\/p>\n
And if you\u2019re a current high school student watching this debate play out, let it be a caution to you. Avoid the long-term burden of student loan debt. There are countless ways to save money and win scholarships \u2014 it just takes some strategy and discipline right now to experience freedom on the other side of your degree. Check out this article<\/a>\u00a0for more tips on paying for school with zero debt!<\/p>\n<\/p><\/div>\n\n We often think of the new year as a fresh start, but one obstacle that\u2019s still lingering in the background for so many is the burden of student loan debt. The good news is that you don\u2019t have to carry that burden forever, and you don\u2019t have to do it alone. With 2023 officially upon …<\/p>\n","protected":false},"author":1,"featured_media":45207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[161],"tags":[],"_links":{"self":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/posts\/45206"}],"collection":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/comments?post=45206"}],"version-history":[{"count":0,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/posts\/45206\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/media\/45207"}],"wp:attachment":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/media?parent=45206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/categories?post=45206"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/tags?post=45206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"