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[Music] [Applause] [Music] [Applause] hello and welcome to another episode of the student loan planner podcast Im your host Travis Hornsby I got a pretty rough cold from the kids thanks to daycare so just know that Im doing my best but of course it was this week that the IDR waiver came out that IDR waiver FAQ came out and uh I sound like a frog but seems like thats whats happening the past several months so I hope youll deal with it the IDR waiver FAQ is the biggest deal for student loans really since the PS left waiver its huge what they decided to explain and to say in the IDR waiver FAQ is a total game changer for most borrowers its a really important thing and I really hope that you will stick with me and trying to figure out what it means for your situation so first of all what is this IDR waiver its also called the IDR Account Adjustment so this is something that basically Department of Ed came out with uh last year in April 2022 and they said that were going to adjust