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Speaker 1: Earners. What's up. You ever walk into a small business

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Speaker 1: and everything just works like The checkout is fast, the

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Speaker 1: receipts are digital, tipping is a breeze, and you're out

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Speaker 1: the door before the line even builds. Odds are they're

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Speaker 1: using Square. We love supporting businesses that run on Square

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Speaker 1: because it just feels seamless. Whether it's a local coffee shop,

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Speaker 1: of our merch partners, Square makes it easy for them

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Speaker 1: to take payments, manage inventory, and run their business with confidence,

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Speaker 1: all from one simple system. If you're a business owner

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Speaker 1: or even just thinking about launching something soon, Square is

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Speaker 1: hands down one of the best tools out there to

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Speaker 1: it's about giving you time back so you can focus

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Speaker 1: on what matters most Ready. To see how Square can

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Speaker 1: backslash eyl. Don't wait, don't hesitate. Let's Square handle the

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Speaker 1: back end so you can keep pushing your vision forward.

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Speaker 1: This episode is brought to you by P and C Bank,

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Speaker 1: a lot of people think podcasts about work are boring,

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Speaker 1: and sure they definitely can be, but understanding of professional's

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Speaker 1: routine shows us how they achieve their success little by little,

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Speaker 1: day after day. It's like banking with P and C Bank.

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Speaker 1: It might seem boring to save, plan and make calculated

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Speaker 1: decisions with your bank, but keeping your money boring is

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Speaker 1: what helps you live or more happily fulfilled life. P

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Speaker 1: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly

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Speaker 1: Boring since eighteen sixty five is a service mark of

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Speaker 1: the PNC Financial Service Group, Inc. P and C Bank

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Speaker 1: National Association Member FDIC.

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Speaker 2: All right, I'm going to transition and talk about Barber's Defense.

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Speaker 2: This is another program I'm a big fan of. Although

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Speaker 2: I should tell you that if you apply for this,

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Speaker 2: Barber's Defense will probably take about two years. Two years

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Speaker 2: to get these loans forgiven. Okay, Now this is important

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Speaker 2: to know because your loans can be placed into an

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Speaker 2: administrative for parans and what that means is is that

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Speaker 2: no payment isn't required. But if they find you are

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Speaker 2: not eligible for Barber's Defense, any interest that would have

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Speaker 2: accumulated in accrued over year one year two, it will

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Speaker 2: be back applied, all right, and Barber's defenses really for

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Speaker 2: if you attended a school that engaged in misconduct, you

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Speaker 2: could have resulted in some type of harm as a result.

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Speaker 2: And I want you guys to look at this lot

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Speaker 2: and take a picture of it if you think this

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Speaker 2: is for you, because you have to meet this criteria

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Speaker 2: based off of your own cognizance. So when you're doing

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Speaker 2: the application, they will ask you have you suffered harm

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Speaker 2: as a result of the school's misconduct. If you put no,

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Speaker 2: then that's the no go. So please pay attention to

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Speaker 2: this side because this is telling you what it needs

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Speaker 2: to be now. Schools that are automatically eligible for this

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Speaker 2: will be like University of Phoenix, devirivee Itt Tech. I'm

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Speaker 2: just thinking of some schools off Heying, Sanford, Brown, so Capella.

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Speaker 2: You want to know these schools. If you are following

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Speaker 2: my Instagram page the student on Doctor and the link tree,

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Speaker 2: I have a list there for you very important to

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Speaker 2: see if your school is on the list. There's about

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Speaker 2: two hundred schools. I would love for you guys to

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Speaker 2: just kind of verify and we know that most of

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Speaker 2: the schools on this list if not, all are for

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Speaker 2: profit schools. So if you're like I went there for

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Speaker 2: my Masters, you might want to get this application. Complete

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Speaker 2: it because this will give you a good amount of

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Speaker 2: money back. It takes care of the long death that

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Speaker 2: you spent at that institution. All right, what is that's

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Speaker 2: a one time account adjustment. This is a big deal.

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Speaker 2: So let me just kind of read this verbatim and

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Speaker 2: I'm going to break it down to you. So this

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Speaker 2: is for those that are in an IDR plan or

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Speaker 2: PSL left. This will count all periods of repayment, regardless

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Speaker 2: of the type of loan and repayment plan, towards IDR forgiveness.

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Speaker 2: It also will count periods of forbearance in deferment that

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Speaker 2: were not previously eligible. So this time, I'm going to

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Speaker 2: put it to you. If I was doing a live

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Speaker 2: survey right now, I would ask you, was there ever

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Speaker 2: a time that you were enrolled in forbearance, meaning you

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Speaker 2: just told them I cannot pay I cannot afford to

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Speaker 2: pay my loans. And then let's just say you called

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Speaker 2: in and you needed some help, but they were like,

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Speaker 2: you know what, don't worry about it, Bob, We'll give

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Speaker 2: you six months. That ever happened to you. If so,

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Speaker 2: you probably were a part of what's called forbearance steering.

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Speaker 2: Forbearan steering says you didn't take the time to ex

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Speaker 2: Bob about his financial situation and then allow Bob to

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Speaker 2: make some suggestions as to what he could pay. The

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Speaker 2: way this works is, let's say you had a payment

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Speaker 2: of two hundred dollars a month, but you really could

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Speaker 2: just afford fifty, Or there was a document that was

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Speaker 2: supposed to be utilized as said based off of what

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Speaker 2: you shared here, we assess your new financial plan as.

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Speaker 3: X, Y, and z.

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Speaker 2: That didn't happen, and as a result, you lost traction

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Speaker 2: and time towards paying your loans. A lot of people

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Speaker 2: don't know this, but according to the repay plan, save Plan,

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Speaker 2: IBr plan, there's a time period in which you are

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Speaker 2: supposed to be in repayment. For example, the safe plan

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Speaker 2: may say no more than fifteen years. Well, when your

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Speaker 2: loans are in forbearance, you're not in repayment. And where

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Speaker 2: you could have made a fifty dollars payment and kept

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Speaker 2: it up, now you cannot because you didn't have the option.

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Speaker 2: So there's going to be an adjustment that's happening like now,

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Speaker 2: and I want to give you up to thirty six

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Speaker 2: months back credit towards for bear and steering. So I

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Speaker 2: hope I made that as clear as possible that you

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Speaker 2: want to keep track of on studenta dot gov and

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Speaker 2: with your lender. Studenta dot gov is going to also

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Speaker 2: by the end of December update where you are at

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Speaker 2: in terms of repayment of the IDR plan. Just kind

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Speaker 2: of similar to a PSI left payment tracker as well. Okay,

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Speaker 2: my next favorite one that's happening in real time and

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Speaker 2: this one would be wrapping up by the summer if

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Speaker 2: you took our loans before two thousand and three. We

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Speaker 2: do help people follow this complaint. We have ebook about

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Speaker 2: it's pretty cool.

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Speaker 3: You should not.

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Speaker 2: Have student loans if you were in repayment. And when

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Speaker 2: I say repayment again, doesn't mean you made the payment.

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Speaker 2: You were in repayment. We love to help, so let

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Speaker 2: me give you a gist of what that looks like.

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Speaker 2: If you have older loans, you also want to make

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Speaker 2: sure before April thirtieth that you consolidate your loans so

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Speaker 2: that you can be eligible for any form of forgiveness.

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Speaker 2: Says available now and what's coming to the pipeline. So

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Speaker 2: just to give you perspective, about nine million people, probably

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Speaker 2: more like twelve when we think about some of the

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Speaker 2: parent Plus and Perkins and hell loans were skipped. So

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Speaker 2: you probably got skipped if you're like girl, I didn't

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Speaker 2: get loan forgiveness before two thousand and three. I know

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Speaker 2: this is what we're talking about this tonight. So I'm

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Speaker 2: really really excited for you guys to explore this concept

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Speaker 2: with us further because you probably are overdue for forgiveness

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Speaker 2: and you simply put got skipped. That was what the

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Speaker 2: announcement had said, all right, So I'm really excited to

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Speaker 2: see who can be eligible for this. This is a

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Speaker 2: process in which we would submit a complaint and say hey,

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Speaker 2: could you look at our loans? And as a result,

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Speaker 2: we have been seeing people get forgiven last slide and

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Speaker 2: I definitely want to go into some Q and A tonight.

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Speaker 2: I think that the serving of time will be best spent. Oh,

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Speaker 2: I do want to give you guys the latest update

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Speaker 2: with Biden. Can't forget that. I'm actually probably going to

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Speaker 2: read verbat them to you guys, because I don't have

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Speaker 2: a slide for it just came out of what is

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Speaker 2: happening with the BIDO administration and forgiveness. Lastly, if you

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Speaker 2: do not work for a nonprofit, you may want to

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Speaker 2: consider owning your own nonprofit. Now, of course, you want

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Speaker 2: to have it towards a good cause, so you want

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Speaker 2: to make sure that you actually care to have the nonprofit.

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Speaker 2: Get it up and go and work in the nonprofit

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Speaker 2: and setting it up correctly very important. So you would

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Speaker 2: start your own nonprofit, you would file your federal and

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Speaker 2: state paperwork, you would complete the PSLF paperwork. Afterwards, you

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Speaker 2: would then complete an employee designation form, and then you

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Speaker 2: would and well into an IDR program such as SAVE. Now,

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Speaker 2: we do have programs and services that help with this.

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Speaker 2: The reason why this is very very important. We've helped

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Speaker 2: thousands with this. This is great is because they've become

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Speaker 2: more lenient as to who can get credit in the

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Speaker 2: PSLF program. And they've even changed your FAQ around to

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Speaker 2: assist people that have just started their nonprofit to be

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Speaker 2: eligible for PSLF. Somebody said, well, can I enroll my

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Speaker 2: mom into it? Can I roll my boyfriend?

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Speaker 1: You?

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Speaker 2: And the thing is, you just don't want to take

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Speaker 2: on too many employees because there's a four year window

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Speaker 2: in which you have to get the nonprofit off the ground,

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Speaker 2: so to speak. But by year four you have to

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Speaker 2: show that it's profitable making income the equivalent of your salary,

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Speaker 2: and in this example, you probably would say your salary

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Speaker 2: is minimum wage of at least thirty hours a week

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Speaker 2: in which the state in which you live in that

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Speaker 2: makes sense just for context. So super cool option to

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Speaker 2: help more people get onboarded with PSLF. Another thing that

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Speaker 2: I like about what's happening with PSLF. By July, we're

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Speaker 2: hoping that they're going to announce that you can make

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Speaker 2: multiple payments in a month, very very exciting. So let's

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Speaker 2: say your payments two hundred dollars, but you can afford

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Speaker 2: that month to make a six hundred dollars payment, or

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Speaker 2: that could be three payment miss out of one twenty.

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Speaker 2: The goal is as soon as you get to one

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Speaker 2: hundred and twenty payments, you will be forgiven. So anybody

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Speaker 2: excited about that. That's a big, big deal because of

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Speaker 2: the way that you're able to expedite repayment if YOU'REPSLF

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Speaker 2: in general, or let's say you start the nonprofit and

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Speaker 2: get enrolled in PSLF. Okay, and then last thing Biden

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Speaker 2: loan forgiveness. Let me pull that up for you.

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Speaker 3: An illegal alien from Guatemala charged with raping a child

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Speaker 3: in Massachusetts. An MS thirteen gang member from Al Salvador

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Speaker 3: accused of murdering a Texas man of Venezuelan charged with

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Speaker 3: filming and selling child pornography in Michigan. These are just

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Speaker 3: some of the heinous migrant criminals caught because of President

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Speaker 3: Donald J. Trump's leadership. I'm Christine Noman, the United States

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Speaker 3: Secretary of Homeland Security. Under President Trump, attempted illegal border

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Speaker 3: crossings are at the lowest levels ever recorded, and over

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Speaker 3: one hundred thousand illegal aliens have been arrested. If you

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Speaker 3: are here illegally, your next you will be fined nearly

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Speaker 3: one thousand dollars a day, imprisoned, and deported. You will

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Speaker 3: never return. But if you register using our CBP home

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Speaker 3: app and leave now, you could be allowed to return legally.

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Speaker 3: Do what's right, leave now. Under President Trump, America's laws,

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Speaker 3: border and families will be protected.

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Speaker 1: Sponsored by the United States Department of Homeland Security,