Lacy visits with Melanie Odums from the non-profit Trellis Company about new information that can have a huge impact your financial health. If you have been making payments on student loan debt over the years while employed by a state agency (or any governmental entity), a public school or institute of higher educations, or a non-profit, you might be eligible for loan forgiveness from the federal government. There have been temporary changes to the Public Service Loan Forgiveness Program, making even more people eligible for loan forgiveness. But borrowers must apply to the U.S. Department of Education before October 31, 2022, to take advantage of these temporary, more relaxed rules.
Melanie Odums is an Accredited Financial Counselor and has been working in the financial aid industry for 17 years. She has had a variety of roles in financial aid administration and loan servicing, including working one-on-one with college students and families. Through this work she has helped many individuals understand and navigate the financial aid process, their student loans, and their personal finances. She has a bachelor’s degree in business management from Texas State University.
Resources mentioned in the podcast:
Upcoming webinars can be found at the ERS Wellness Events Calendar
Trellis webpage with more resources and links
Text Questions to: (512) 359-8838