Answers to 5 confusing student loan debt cancellation questions | PennyWise podcast

kAmk6>mkDEC@?8mW}@E6i k2 9C67lQ9EEADi^^@>?J]7>^D9@HD^A6??JH:D6^2?DH6CD\E@\d\4@?7FD:?8\DEF56?E\=@2?\563E\42?46==2EQ E2C86ElQ03=2?<Qm%2A 96C6 E@ =:DE6? E@ E96 6A:D@56 :7 E96 23@G6 2F5:@ A=2J6C 5@6D ?@E =@25k^2mXk^DEC@?8mk^6>mk^Am

kAmxD E96C6 2?J ?6H :?7@C>2E:@? 23@FE E96 DEF56?E =@2? 563E 42?46==2E:@? A=2? 7C@> E96 !C6D:56?Enk^Am

kAmw@DE k2 9C67lQ9EEADi^^EH:EE6C]4@>^E6C:32CC>65:2Qm%6C: q2CCk^2m :D 7:?5:?8 @FE 3J E2=<:?8 H:E9 k2 9C67lQ9EEADi^^HHH]?6C5H2==6E]4@>^2FE9@C^464:=:2\4=2C<Qmr64:=:2 r=2C<k^2m[ 2 DEF56?E =@2? DA64:2=:DE H:E9 }6C5(2==6E]k^Am

kAmr=2C< 2=D@ 2?DH6CD E96 7:G6 3:886DE 2?5 >@DE 4@?7FD:?8 BF6DE:@?D 23@FE DEF56?E 563E 42?46==2E:@?[ :?4=F5:?8 :7 E96 =2HDF:ED 7:=65 282:?DE E96 !C6D:56?EVD A=2? 2C6 8@:?8 E@ E96 $FAC6>6 r@FCE 2?JE:>6 D@@?[ A=FD EH@ ?6H A2CED @7 E96 A=2? E@ 4@?D:56C :7 J@F 2C6 2=C625J E9:?<:?8 23@FE 32?<CFAE4J]k^Am

kAmp=D@[ E96 :?4@>6\5C:G6? C6A2J>6?E A=2? 92D?VE C646:G65 2 H9@=6 =@E @7 2EE6?E:@?[ 3FE 4@F=5 36 :>A@CE2?E 7@C >2?J 3@CC@H6CDik^Am

kF=mk=:mk2 9C67lQ9EEADi^^HHH]?6C5H2==6E]4@>^2CE:4=6^=@2?D^DEF56?E\=@2?D^E96\?6H\:5C\A=2?Qmw@H E96 }6H x?4@>6\sC:G6? #6A2J>6?E !=2? (@C<Dk^2mk^=:mk^F=m

kAmkDEC@?8m|@C6 7C@> r64:=:2 2E }6C5(2==6Eik^DEC@?8mk^Am

kF=mk=:mk2 9C67lQ9EEADi^^HHH]?6C5H2==6E]4@>^2CE:4=6^=@2?D^DEF56?E\=@2?D^563E\C6=:67\=2HDF:ED\B2QmxD Sa_z $EF56?E s63E u@C8:G6?6DD $E:== v@:?8 E@ w2AA6?nk^2mk^=:mk=:mk2 9C67lQ9EEADi^^HHH]?6C5H2==6E]4@>^2CE:4=6^=@2?D^DEF56?E\=@2?D^H92E\E@\5@\H:E9\J@FC\C6>2:?:?8\DEF56?E\=@2?\563EQm(92E E@ s@ (:E9 *@FC #6>2:?:?8 $EF56?E {@2? s63Ek^2mk^=:mk=:mk2 9C67lQ9EEADi^^HHH]?6C5H2==6E]4@>^2CE:4=6^=@2?D^DEF56?E\=@2?D^a_ab\ac\727D2\@A6?DQm&?=@4< E96 r@==686 u:?2?4:2= p:5 *@F }665 $E2CE:?8 ~4E] `k^2mk^=:mk^F=m