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Biden Student Loan Forgiveness Strategies For High Income Earners Unveiled

One of the country's leading college planning firms is now assisting individuals who are seeking student loan forgiveness.

College Planning Experts has announced a new advisory service that will help individuals determine if they qualify for the Biden administration’s student loan relief plan. It is offered to anyone with an existing federal loan, including high-net-worth individuals who may believe that they are ineligible for the government program.

More information is available at https://www.collegeplanningexperts.com

The company’s advisory service will help borrowers understand the relief plan’s eligibility requirements, particularly the rules on income, which may discourage them from applying.

The White House, in an official statement released in August 2022, said that the forgiveness plan’s main beneficiaries are borrowers with an income lower than $125,000. It added that no “high-income” individual or household will benefit from the plan.

College Planning Experts said that those who make far higher or lower than the required income threshold will have no trouble determining their eligibility. “But there could be an issue with those whose earnings come close to that threshold,” a company spokesperson said.

The company has nearly two decades of experience in advising students and families in matters pertaining to contributions and taxes. One of its expertise is financial aid form preparation, where it shows applicants how to complete long and complex forms error-free to increase the chances of approval.

Part of its service is advising clients on how to report their assets and income without overestimating them. With its assistance, over 25,000 families have received financial aid, including those who are at first reluctant to apply owing to their net worth.

“We are confident that our team of financial planners will be able to answer all your questions regarding eligibility, so you can make the best decision,” the company’s spokesperson said.

About the Company

College Planning Experts was founded by renowned admissions specialist and philanthropist Brian Safdari. His own experience in taking on debt had led him to study debt consolidation, which allowed him to help families find college funding sources that do not involve massive loans.

To help more families understand the aid options available to them, Mr. Safdari offers college planning workshops and one-on-one assessments at no cost.

Interested parties can find out more by visiting https://www.collegeplanningexperts.com

Contact Info:
Name: Brian Safdari
Email: Send Email
Organization: College Planning Experts
Address: 15760 Ventura Blvd., Suite 1915, Los Angeles, CA 91436, United States
Phone: +1-818-201-4847
Website: https://CollegePlanningExperts.com

Source: PressCable

Release ID: 89082449

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