Why Terrifying Student Loan Payment Notices Are Going Out and Why You Shouldn't Panic

There's a very specific regulation that explains why millions of borrowers are seeing payment notices from their servicers demanding payments that are in some cases more than 50% of their income. Here's what your rights are and why you shouldn't panic.

00:00 Introduction
00:31 Student loan regulations
04:30 Consolidation loan regulations
06:15 Partial financial hardship for IBR
07:20 IBR eligibility and distinctions
08:22 How student loan borrowers can prepare for changes