The federal government recently announced its plan to forgive student loan debt for qualified federal student loan borrowers, and the resumption of federal student loan payments after December 31, 2022. 

While specific details about the forgiveness application will not be ready until October, borrowers should get a jump on the latest news and how it affects them.

Brian Walsh is SoFi Bank’s Expert Manager of Financial Planning, and gave KRLD's John Liddle a breakdown of what borrowers should be doing now in light of the recent news.

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