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Here we are again: Just weeks before the federal pause on student loans is set to expire, with indications that the pause will be extended, and hints at debt forgiveness, but no concrete course of action as of recording this episode in early August.

With so much uncertainty, we decided to invite our favorite expert on the topic, Betsy Mayotte, president of The Institute of Student Loan Advisors, to take some of your questions. Maybe not surprisingly, we got a lot of them. Some of you dreaded budgeting back in loan payments after the pause ends (for that Betsy suggests trying a loan simulator), and many of you had questions about Public Student Loan Forgiveness (PSLF), and whether the changes the Biden administration made to the program are here to stay. Betsy says, "I have researched the Higher Education Act back to the seventies, and Congress has never, ever retroactively removed a benefit from existing student loans. There is practically as close to zero of a risk of PSLF going away."

If you have a question that was not answered in this episode, you can contact Betsy by going to her website where you can also find all sorts of helpful resources, like a guide to forgiveness, and where to start when thinking about a repayment plan.