A free student loan repayment webinar is available on Tuesday, Nov. 7, hosted by the Wisconsin Department of Financial Institutions (DFI), the Wisconsin Department of Agriculture, Trade and Consumer Protection (DATCP) and Savi – a public benefit corporation working to solve the student-debt crisis.
The online event will help federal student loan borrowers learn how to avoid scams, use free repayment tools, and explore new repayment plans to manage their restarted federal student loan payments following the end of the U.S. Department of Education’s COVID-19 emergency relief for federal student loans. The 0% interest rate ended on Sept. 1, and payments restarted in October.
“Student loan debt is a burden for thousands of Wisconsinites, and many may be wondering if they have any options available to lower their federal student loan payments now that the COVID-19 payment pause has ended and payments have restarted,” said DFI Secretary-designee Cheryll Olson-Collins. “This live and interactive webinar with Savi’s student loan experts will help federal student loan borrowers understand what repayment and forgiveness programs are available to them right now.”
“As they start repaying their loans, federal student loan borrowers should watch for dishonest offers from debt relief scammers on loan forgiveness or savings from consolidation,” said DATCP Secretary Randy Romanski. “Borrowers with questions should attend this student loan repayment informational webinar to learn more about the many resources they can access.”
For more information and to learn how to register, go to dfi.wi.gov.