Student Loan Planner

The Public Service Loan Forgiveness (PSLF) program is undergoing major changes. The government is taking over processing from MOHELA, and a temporary pause is expected in May and June. How will this affect you? First, don't panic — PSLF isn't shutting down. The government is simply pausing processing while they transition everything over. But you'll want to take a few proactive steps to safeguard your payment count before the transition happens. Listen in as I dissect the real reasons behind these changes. Could it be a strategic move in the future student loan management? Find out how it can impact your forgiveness: Why the Department of Education is hitting the pause button on PSLF When to expect service disruption for your student loan management How the transition from MOHELA to the government impact PSLF processing The motivation behind the government's decision to take PSLF from MOHELA How the temporary shutdown will affect you, especially if you're expecting forgiveness in May or June Implications of the Department of Education's plan to centralize PSLF tracking What you need to do now to safeguard your payment count Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

It sounds shocking, but it's a reality we can't ignore — and this isn't just about folks burdened with 6-figure student loan debts. Now, even if you have a smaller loan balance, you have a path to student loan forgiveness. It's the new SAVE repayment plan that's making it possible. Listen in as we explore key factors shifting borrowers away from repayment toward forgiveness, from the increase in discretionary income allowances to the potential for accelerated forgiveness. You'll discover the key moves you should consider and why freeing yourself from student loan debt could happen sooner than you think. In today's episode, you'll find out: Unexpected ways the new SAVE plan is transforming student loan repayment advice for borrowers The impact of ultra-low interest rates in the early 2000s on student loan repayment Why chasing student loan forgiveness is outpacing traditional repayment methods How "micro" levels of debt could qualify for quick student loan relief The surprising link between debt management and mental health How understanding your future stream of earnings can revolutionize your loan strategy Behind-the-scenes political maneuvers shaping the future of your student loans How to navigate the joint vs. separate tax filing dilemma for couples with student loans Creative tactics for investing in self-care while navigating loan uncertainty How to leave a voicemail for the podcast to ask questions about student loans and personal finance Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

To put it bluntly, MOHELA has student loan borrowers jumping through hoops to get things done, and it's been extremely frustrating. Countless delays and mistakes being made, hours of being on hold or even being hung up on by servicers… the list goes on! In this episode, hosts Sim Terwilliger, CFP®, CSLP®, Sam Silberstein, CFP®, CSLP®, and Ben Lacomis, CSLP® join forces to shine some light on everything MOHELA is doing wrong. You'll get tips and tricks to protect yourself from their mistakes. You're not alone in this, folks! Let's talk about what you can do to get the forgiveness you deserve and avoid falling for MOHELA's mischief. In today's episode, you'll find out: Common issues that student loan borrowers are experiencing with MOHELA Red flags to look out for if you use MOHELA How to prevent your PSLF from being reversed Tips for ensuring you get the student loan forgiveness you qualify for When and why you need to recertify your employment and income verification forms Our shockingly disappointing experiences communicating with MOHELA Insight to getting the most out of your phone call with MOHELA When you should file a complaint with the Student Borrower Protection Center MOHELA delays you should be aware of How long does it take for student loans to be forgiven How to approach filing your taxes amidst student loan forgiveness issues Links mentioned: Student Loan Borrower Protection Center Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

We're standing at the edge of a major financial cliff that no one is ready for. Student loan forgiveness is happening at unprecedented rates — $138 billion and counting. Right now, borrowers are enjoying tax-free forgiven student loan debt courtesy of the American Rescue Plan. However, these benefits are set to expire at the end of 2025, leaving borrowers to face a tax cliff with unknown consequences. We'll explore the legal skirmishes already bubbling, like the Kansas Attorney General's case against the SAVE plan, and analyzing their impact and preparing for the potential scenarios ahead. I'll also highlight the vital deadlines you need to know, like the expiring IDR waiver and the barrier to new entrants for the Pay As You Earn plan that's coming up in July 2024. In today's episode, you'll find out: How the SAVE plan, IDR waiver and PSLF waiver are helping borrowers The possibility of court challenges to President Biden's student loan policies What's at stake with the coming student loan tax bomb due post-2025 Potential cancelation scenarios based on political outcomes as election season heats up Deadlines you can't miss and their impact on student loan repayment strategies How the American Rescue Plan is enabling large-scale loan forgiveness What President Biden's plan is to address the tax bomb cliff in 2025 About hardship-based forgiveness and the push for widespread cancelation Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

For those of you stepping into new roles, congratulations! This milestone comes with a lot of things to think about, from managing lifestyle inflation to understanding the impact of major purchases on your future. We'll uncover valuable insights on income-based student loan payments, refinancing options, and how to approach big decisions like whether to rent or buy a house. I'll help you unpack the price-to-rent ratio so you can make a well-informed decision based on financial and personal factors. We'll also discuss contract negotiations, gender disparities, non-compete agreements, and the importance of getting the most out of your benefits package. In today's episode, you'll find out: How to use contracts for better severance or negotiation during job changes Why you shouldn't accept being bullied during training or residency Key factors in job matching for medical professionals Benefits of income-based student loan payments and the pitfalls of early recertification Essential insights for loan refinancing and selecting the best payment plans Tips for making smart housing choices, like rent vs. buy, during life changes Negotiating techniques beyond salary to yield better benefits and work-life balance The impact of gender and non-compete agreements in specialized professions How to manage lifestyle inflation and understand consumption smoothing The role of marginal utility in making financially savvy decisions The emotional biases in finance advice from experts like Suze Orman and Dave Ramsey How to celebrate a job success or career change without sinking your finances Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Deadlines for updating your income and family size information for your IDR plan have been extended to late September 2024, at the earliest.

Are you curious about business ownership? Whether you're just flirting with the idea of starting your venture or already knee-deep in entrepreneurship, this show is packed with actionable advice to help guide your journey. We'll explore why setting boundaries is not just a buzzword but a fundamental practice for any successful business owner. You'll also discover specific strategies to carve out a profitable niche, edge out competition, and utilize barriers to your advantage. But the key takeaway here is that student loan debt shouldn't be a barrier to your dreams. So grab your notepad, and let's jump into the world of business ownership with a clear head and a strategic mindset. In today's episode, you'll find out: How boundaries are a crucial part of business success Why focusing on profitability is crucial before scaling up Ways to validate your business model without offering discounts Why barriers, competition, and market availability are key to your business choice How regulatory barriers can offer both challenges and benefits The importance of identifying specific customer pain points and solving them Strategies to address low reimbursement rates or high service costs The financial impact and workload considerations when dealing with insurance companies Why holding free clinics might be a better strategy than accepting low-paying insurance The best ways to balance family life, retirement, and work fulfillment Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Tax season got you scratching your head? Let's clear the fog. Join me and Rebecca Bauldauf, CPA, CCFC, from the SLP Wealth tax team, as we navigate the maze of taxes, student loan planning, family dynamics, and long-term financial strategies. Whether you're flying solo or juggling the finances of a growing family, you'll discover actionable tips that could lead to substantial savings, from the ins and outs of tax service fees to strategies for retirement savings and dealing with the IRS. And if you're in search of a long-term financial ally, learn how to find the right tax help that aligns with your goals. Get ready to reshape your financial approach and transform your tax strategy! In today's episode, you'll find out: The hidden impact of commoditized tax prep services When higher CPA fees become worthwhile for complex tax situations Advantages of hiring different firms for their practice and personal tax returns Two crucial financial moves for low-income earners How marriage changes your tax game, tax filing status and student loan payments Smart retirement savings strategies that factor in PSLF and employer matches Key steps for residents to maximize their tax bracket and student loan situation The secret weapon of the 1040-X form in tax filings How to navigate 'married filing separately' in community property states If you should link your student loan account to the IRS or manually certify income How tactical contributions to retirement accounts can make a huge difference in your student loan repayment journey Why coordinating tax and financial planning teams improves your financial position Pros and cons of filing taxes separately for childless couples with student loans The importance of long-term tax planning regardless of income level Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Financial advice has never been more accessible — or more questionable. Are you ready to tackle the truth behind those viral finance hacks you've seen online? The barrage of personal finance advice on platforms like TikTok is a siren song, promising financial security and a life free from money worries. But those tips can affect more than just your wallet. Some might get you a slap on the wrist, while others could land you in legal hot water. Join me as I sift through the noise of self-proclaimed "experts" peddling easy wealth, from misleading tax credit pitches and hazy tax advice to exaggerated real estate loopholes and sketchy investment opportunities. Discover how to distinguish between genuine advice and deceptive, flashy pitches to build a solid financial foundation that can withstand the trends and temptations of our times. In today's episode, you'll find out: How pandemic relief is stretching the IRS too thin, leading to tax fraud and scams The exact requirements and documentation for the short-term rental tax loophole Why you can't focus solely on "maximizing wealth" The ins and outs of student loan loopholes and how to avoid pitfalls How visual effects can skew your perception of financial advice found on social media Why "vanilla" insurance products win out over complex insurance-investment hybrids How actuaries calculate insurance product profitability and why it favors the company Why the allure of low interest rates and novelty causes alternative investments to surge Why decisions based on student loan forgiveness programs can be risky The real estate loophole to use if one spouse works full time and the other takes on real estate investing The truth behind the marketing of whole life and universal life insurance Why tax-efficient index funds may be a better investment alternative How the concept of "infinite banking" could be misleading When borrowing against insurance products might not be the best option Why the smartest financial move is to verify before you buy Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Are you ready to strip away the layers of your financial life? We're unbuttoning the secrets of debt management and financial planning. We cover everything from the impact of inflated car prices on credit and the potential risks and benefits of home equity lines of credit (HELOCs) to debt management strategies and the potential tax implications of forgiven debt. Senior Student Loan Advisors Sim Terwilliger, CFP®, CSLP®, and Meagan McGuire, ChFC®, CSLP®, share expert insights on debt consolidation, budgeting for recurring expenses, and the significance of prioritizing mental health while working towards financial goals. Get ready to shed some light on your financial wardrobe with valuable tips to help you become debt-free and financially empowered. In today's episode, you'll find out: The difference between the funnel method and the strainer approach for financial goals How the pandemic's inflated car prices are impacting car loans and credit What high loan-to-value ratios mean for your credit score The role of credit reports for landlords, jobs, and future debt costs How car payments can make or break your house hunting journey A warning to parents about using HELOCs to pay for children's college costs When to use HELOC vs. double consolidation for student loan debt What changes borrowers can expect in student loan forgiveness programs Why math-based strategies like debt avalanche or debt snowball aren't a slam-dunk The sneaky language in cosigner agreements and why refinancing is a smart solution What types of debt to prioritize before paying off private student loans How to get out of default on federal student loans The secret to leveraging debt to earn money rather than paying it off Options when dealing with IRS debt and how to balance payment options Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

The world of real estate can feel overwhelming. The rewards can be incredible, but it's a journey filled with highs and lows. Joining me is Student Loan Advisor Rebecca Baldauf, CPA, CCFC, and Senior Student Loan Advisor and partner in SLP Wealth Dan Rooker, CFP®, CSLP®. They're sharing their experiences with multifamily properties, I open up about my challenges with home renovations, and together we're getting real about real estate investment and why you shouldn't let student loans get in your way. You'll learn about savvy tax planning, investment strategies that can make a big difference, and what it takes to get Real Estate Professional Status. Whether you're already dipping your toes in the real estate waters or just real estate-curious, this episode is a fountain of insights, personal stories, and expert advice. In today's episode, you'll find out: Key tax-saving strategies and depreciation tricks in real estate How to calculate property depreciation from the purchase price Why real estate taxes are different from other investments The impact of real estate investment on financial health and lifestyle How real estate influences income-driven repayment plans Why refinancing real estate in changing market conditions can be a smart move What Real Estate Professional Status is and how to get it When to use 1031 exchange to defer capital gains tax in real estate The good and the bad of investing in owner-occupied properties How passive real estate investments like REITs factor into taxes Why tax planning is crucial when renting out personal residences What bonus depreciation is and how it can help you build wealth Links mentioned: BiggerPockets Coach Carson Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Just in time for tax season, I'm unraveling the complex tax strategy of married filing separately. You might have heard that it's a game-changer, especially for folks with student loans. But it's not at all straightforward. You'll learn the dos and don'ts, and I'll uncover tips to help you avoid costly mistakes and even find some savings along the way. We'll talk about everything from how your and your spouse's income can play a huge role to unexpected losses like tax credits and deductions. Also, if you're juggling things like adoption expenses, dependent care credits, or figuring out the best way to handle your retirement contributions, I've got you covered. Student loan borrowers on an IDR plan, don't miss the best tip: find out how delaying your tax filing just might be in your best interest. In today's episode, you'll find out: Why married filing separately might lead to higher taxes, especially with uneven incomes How filing separately affects ACA subsidies and Medicare premiums The effect on tax credits and deductions, including those for dependent care and education Challenges with Roth IRA contributions when filing separately, including backdoor strategies Why filing separately is different in common law versus community property states How filing separately can interfere with small business deductions and credits Why delaying tax filing can save you money on income-driven student loan repayments Tax consequences for borrowers in loan forgiveness programs when filing separately The cost and benefits of professional tax services combined with financial planning How inaccurate income reporting can leave you vulnerable to audits and penalties Links mentioned: Get profession-specific tax help with SLP Wealth Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Get a sneak peek into what lies ahead in the world of student loans in 2024 as I discuss upcoming changes, potential scenarios and strategies you need to know. You'll learn about administrative forbearance, income-driven recertification, the influence of the 2024 presidential election, and policy changes that could significantly impact you as a student loan borrower. There are many ways to save money right now on payments. So, if you want to stay ahead of the game, buckle up and get ready for an episode packed with valuable student loan insights. In today's episode, you'll find out: About the widespread impact of the current administrative forbearance on over 3.5 million people How the administrative forbearance is causing a political stir between Democrats and Republicans The challenges arising from policies announced through press releases instead of legislation How the 2024 presidential election might reshape student loan policies Whether the administrative forbearance is likely to conclude in early 2024 The implications of income-driven recertification before March 2024 How to get a refund for payments made during the forbearance period Strategies for lowering payments by self-certifying income until October 2024 What the expiration of the IDR waiver means for borrowers How the new SAVE plan will alter payment plan rules The ripple effect of these changes on employers and personal finance strategies The potential for new cancellation rules and their impact on borrowers Consequences for borrowers with loans from 2007 to 2014 due to phased-out payment plans Proactive strategies for saving money as a student loan borrower Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Want to build up your savings or cut costs in 2024? From filing taxes and saving on insurance to buying a car and saving for travel, I'm bringing you 10 ways you can save at least $1,000 this year. And some of these can potentially save you $10,000 or more. The best part? These are strategies you can learn and do on your own. Of course, you can enlist the help of a financial expert if you want more support on your journey. Just know that you have the ability to stash away a good chunk of money this year… and who knows, maybe you'll finally be able to take that vacation you've been dying to go on! Plus, you'll learn how to get a limited-time discount on our investing course, Six-Figure Debt to Six-Figure Net Worth. In today's episode, you'll find out: How to lower your tax bill with tax-loss harvesting How car buying services (like Costco or Sam's Club) can save you money on a new car The best way to save on flights, hotels, car rentals, and other travel necessities When to put off income recertification for income-driven repayment plans Why the stock market's 26% gain in 2023 could be bad news If you should increase your policy deductibles Why "shopping around" for insurance policies is more than a marketing gimmick The effect of the difference in tax rates for saving vs. investing Why you should open a retirement account if you're self-employed When to opt for a brokerage account instead How to file taxes the smart way Why you're uniquely positioned to weather a potential stock market downturn Links mentioned: More ways to save money and cut costs with our Six-Figure Debt to Six-Figure Net Worth course Membership clubs like Costco and Sam's Club Travel discounts at Hotwire and Hotels.com Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

We recently conducted a survey where thousands of our listeners generously shared their financial dreams for 2024. Listen in as I explore the top 10 financial goals straight from our audience. We'll tackle debt management challenges, explore various paths to financial independence, early retirement, and personal fulfillment. You'll get practical, actionable tips to fast-track your financial success. Whether your dream aligns with those shared by our audience or you're pursuing your own unique goal, I'll guide you on how to make it a reality. Let's dive in and discover the knowledge, tools, and path to help you achieve your financial goals in 2024 and beyond. In this episode, you'll find out: The top 10 financial goals of Student Loan Planner listeners and how to achieve them faster Misconceptions about helping family financially and the importance of providing knowledge and support A new financial perspective by re-evaluating the purpose of being debt free How redefining student loan debt as a 'tax' can shift your mindset and improve how you manage loans The impact of health ailments on individuals and families and the importance of planning for worst-case scenarios The benefits of strategically financing big-ticket items Different types of Financial Independence, Retire Early (FIRE) and how it impacts work-life balance Encouragement to pursue travel and overcome obstacles such as financial constraints and limited time How to better align financial decisions and strategies with your goals Ways to adopt a conservative approach in planning for housing and other major expenses How leveraging multiple income streams can mitigate income loss fears and improve financial security Why your approach to worst-case scenario planning can enhance financial decision-making Strategies for transitioning to an entrepreneurial role while managing risks and fears How to achieve generational wealth to gain freedom and transform your life The importance of accountability in making your financial dreams a reality Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

As 2023 comes to an end, it's the perfect time to think about smart student loan moves you should make in 2024. First, I answer listener questions about administrative forbearance, consolidating loans, tactics for keeping student loan payments low, in-school deferment waivers and more. I'm not just helping you prepare for the upcoming shifts in student loan repayment plans, I'm also looping you in on tax advantages, smart deferment methods and common payment pitfalls that might have slipped under your radar. Get ready to step into the New Year with valuable insights and a solid game plan for your student loans. In today's episode, you'll find out: Does administrative forbearance count for PSLF and IDR Can you get a refund for payments made while in administrative forbearance How to keep your student loan payment low (and how NOT to) How the 2024 presidential election results might impact student loan repayment When it makes sense to consolidate your loans after the IDR waiver What child-dependent tax credits you lose when you're married but filing separately What professions could use an in-school deferment waiver or SAVE plan strategy Why you need to beware of the FSA payment tracker and forgiveness dates The importance of gathering your payment history and payment count The signup deadline for PAYE plans How to get ahead on Parent PLUS double consolidation applications What to do when administrative forbearances end Links mentioned: Need help with taxes? Get answers with our tax team Have questions about being married and filing taxes separately? Book a call now! Check out our doctor mortgage calculator

Listen in to a panel of student loan experts recorded live at FinCon 2023. FinCon is the world's largest financial content expo. You'll hear first-hand strategies and tips from lawyers and financial planners specializing in student loans. Together, they answer audience questions and discuss student loan topics like loan repayment and risk mitigation strategies, consolidation vs. refinancing, what happens when you default on your loans and the future of student loan forgiveness in 2024. This is a fun, yet informative bonus episode with insights from the best student loan experts to help you on your path to repayment. In today's episode, you'll find out: A student loan lawyer's perspective of the current/future state of student loan forgiveness If there will be a replacement student loan forgiveness plan in 2024 and who could benefit Whether the IDR waiver will be fully implemented before the 2024 election How PSLF relates to IDR account adjustments The difference between student loan consolidation vs. refinancing How the SAVE plan is different from other income-driven repayment plans (and why it's so beneficial for borrowers) If you can still access the SAVE plan or get loan forgiveness after refinancing loans into private student loans How to mitigate tax risks related to student loan forgiveness How student loan borrowers get into default and the top 3 ways to resolve a defaulted student loan How to negotiate a settlement after you default on your student loans Things you need to know when filing for bankruptcy with unpaid student loans Links mentioned: Get out of default: Fresh Start from the from the U.S. Department of Education Find local student loan attorneys in your state: National Association of Consumer Advocates (NACA) Connect with the panelists: Adam S. Minksy, Student Loan Lawyer at Minsky Law Meghan McGuire, Certified Student Loan Planner at SLP Jay Fleischman, Managing Attorney at Money Wise Law Tate Law (Law Office of Stanley Tate) Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Get ready for part two of our 40 tips to supercharge your student loan repayment journey. Hosts Ben Lacomis, CSLP®, Derenda King, CFP®, CSLP®, Scotty McDonald, CSLP®, and Meredith Jones, CSLP®, AFC®, share valuable insights on student loan forgiveness, income driven repayment plans, and other critical strategies for managing student debt. From exploring federal loan forgiveness options to budgeting tips and tricks, this episode is packed with practical tips to help you optimize your approach to student loan repayment. In today's episode, you'll find out: How income driven repayment (IDR) eases the burden for those with high balances or low income Expert tips to qualify for Public Service Loan Forgiveness (PSLF) When consolidating your student loans is a smart move or a financial misstep How a ladder approach in refinancing can unlock lower interest rates for your student loans Creative alternatives to manage student loan debt when forgiveness programs don't fit Budgeting hacks and lifestyle shifts that can turbocharge your loan repayment journey How to make sure you're not missing out on teacher or military loan forgiveness When and how bankruptcy might be your escape route from student loan burdens The secret link between credit scores, timely payments, and better student loan terms Why pursuing loan forgiveness in rural healthcare careers can be a game-changing strategy Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Whether navigating the post-graduation grace period, exploring new repayment options, or looking to supercharge your loan payoff, this episode is jam-packed with practical advice to help you take charge of your financial journey. Hosts James Mwombela, CFP®, CSLP®, Rebecca Baldauf, Jake Courtney and Sam Silberstein deliver a wealth of insights for effectively managing student loans. No matter where you are in your career, you'll walk away with actionable tips and the latest strategies to confidently tackle your student loan debt. In today's episode, you'll find out: The financial benefits of paying during the grace period to minimize interest accumulation How consolidating loans after graduation can be smart, especially if your past income was more 'ramen diet' than 'caviar dreams' The value of a student loan planner in creating personalized repayment strategies that align with your career ambitions and financial situation How returning to school could enhance career prospects and open doors to loan forgiveness Potential upcoming improvements in income-driven repayment plans Insights on managing student loans with strategic considerations for prioritizing private student loans The date Parent PLUS loans need to know for access to lower monthly payments How claiming student loan interest deductions affects your AGI Why avoiding forbearance is crucial when aiming for loan forgiveness The role of the debt avalanche method and current considerations for refinancing student loans How targeting high-interest student loans first can be a strategic move for repayment The ins and outs of the 12-month ramp-up period for borrowers struggling to make payments The benefits of an income-driven repayment plan as an alternative to default Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan

Time is running out for the IDR Account Adjustment. The so-called "IDR Waiver" is the biggest backdoor student loan forgiveness program in history, and it's ending in less than 30 days. Learn exactly what the IDR Waiver is, the steps you need to take to take advantage of it, and how it could give you immediate forgiveness even if you didn't know you were eligible for it. I'll clarify some common misconceptions about the Waiver and shed some light on potential regrets for those who miss the deadline. Then, we'll explore how student loan repayment will change after the IDR Waiver ends, what borrowers are getting wrong about the SAVE plan, and why getting expert guidance is even more critical in a post-IDR Waiver world. In today's episode, you'll find out: The IDR waiver's historic significance in student loan forgiveness How to get credit for forbearance and repayment plans before the deadline slips away Eligibility criteria to maximize benefits of forgiveness How the IDR Waiver transforms older loans into forgiveness superheroes Forgiveness eligibility of the IDR Waiver vs. the PSLF Waiver When the forgiveness date tracker will be available from the Department of Education Potential discrepancies in forgiveness payment count accuracy from the Department of Education How long you'll have to wait for a payment count adjustment after the IDR Waiver What to do if you're on the SAVE and PAYE income-driven repayment plan Misconceptions about the SAVE plan's interest payments The best strategies for post-IDR Waiver student loan repayment Common borrower challenges, including filing taxes separately, navigating PAYE repayment plans and consolidation issues for Parent PLUS loans Links mentioned: Payment Count Adjustments SAVE Repayment Plan Biden-Harris Administration IDR Announcement Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

College funding isn't everyone's favorite topic. However, the reality of higher education costs requires a proactive approach. If you've been diligently saving for years or are realizing the urgency to start now, valuable insight awaits you in this episode. Join our host, Meagan McGuire, CSLP®, as she sits down with Student Loan Advisors Derenda King, CFP®, CSLP®, and Rebecca Baldauf, CPA, CCFC. Together, they share proven strategies and insider tips to bridge the gap between savings and college expenses. Listen in to get the expert guidance you need to navigate the choppy waters of college funding. In today's episode, you'll find out: The rising education costs and its ripple effects on families and finances The ins and outs of student loan consolidation, plus little-known forgiveness strategies How a 529 savings plan offers flexible college funding without sacrificing other financial goals Tax benefits and implications of using retirement accounts to save for college expenses How the Student Aid Index factors into how much you'll pay for college Whether it's legal and ethical to adjust assets to influence the financial aid equation Potential pitfalls and considerations before taking out Parent PLUS loans How to make the most of the time you have left to save for college Links mentioned: Collegiate Financial Coach Higher Ed Hustle 529 College Savings Plans What is the Student Aid Index (SAI)? Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Navigating the maze of family finances isn't for the faint of heart, especially when student loans are part of your story. Get ready to reshape your financial future with insights tailored specifically for parents. Our expert Student Loan Advisors Lauryn Williams, CFP®, CSLP®, and Sim Terwilliger, CFP®, CSLP®, bring their expertise directly to you, offering practical, actionable advice that goes beyond the basics. This episode is packed with essential knowledge of FMLA, disability benefits, and savvy tax strategies, all designed to elevate your money management skills as a parent. In today's episode, you'll find out: How to navigate the complexities of parental leave deferment for Stafford loans pre-July 1993 Empowering tips for expectant and new moms about support and creating cherished moments The essentials of FMLA and short term disability for new parents Innovative strategies for using 529 plans and managing Parent PLUS loans for your child's education Tips for managing family size changes and parental leave The best place to stash your emergency fund How to optimize your parental leave by staggering benefits How to decode tax implications and access credits for new parents The connection between maternity leave, disability, and effective student loan Links mentioned: Family Medical Leave Act Ally Bank high-yield savings Capital One high-yield savings Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

This is a groundbreaking episode where I'm unveiling something that will revolutionize your financial world. Joining me is Rebecca Baldauf, CPA, CCFC, and together, we're rolling out our new tax planning service. Tailored to anyone who would love to streamline financial, student loan, and tax planning strategies, SLP Tax Planning brings together a seamless in-house team of experts marching forward together "in lockstep." You'll discover a few tax strategies that have specific impacts on borrowers managing student loan repayment and tips for business owners to consider. We'll also cover why we're rolling out a tax component (hint: wealth planning and tax optimization go hand-in-hand) and how our suite of services is uniquely designed with you in mind. So, skip the headache of juggling the many moving parts of a cohesive financial plan and don't miss the debut of this exciting new tax planning service. In today's episode, you'll find out: Why mastering student loan management is crucial for effective tax planning Creative ways to optimize charitable deductions for better tax outcomes Strategies for maximizing mortgage interest deductions in today's market How to smartly use capital losses to lower your adjusted gross income The benefits of renting your home to your business and how to do it right The importance of tracking carry-forward losses to maximize tax savings How business owners can use Section 179 for significant tax deductions About navigating the nuances of deducting business meals and entertainment Structuring your business for the best tax advantages Leveraging tax filing extensions to benefit your income-driven repayment plan How to decide the best filing status in light of your student loan situation The benefits of income splitting in community property states Key steps to engage with SLP's tax planning service A special offer for podcast listeners to join SLP Wealth with a bonus Links mentioned: Learn more about SLP Wealth's tax planning service Become a client of SLP Wealth Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Get ready for a tax revolution that could save you a fortune. Today, I'm diving into how smart tax planning, when combined with savvy student loan repayment strategies, can shield you from giving Uncle Sam more than his due. Discover why having a trusted advisor who understands the nuances of your profession, earnings, and debt is vital, the influence of the new SAVE plan on married couples' filing status, and the ramifications of the IRS and Department of Education's data sharing for your wallet. With complex rules and your financial future in the balance, we're blending tax advice with wealth management to bolster your loan repayment plans — and for a short period, we're dropping the sign-up fee. In today's episode, you'll find out: How our survey on the SAVE plan and data sharing reveals crucial tax insights many don't know Why the new SAVE plan is swaying more couples to file taxes separately Must-know tax planning tips for student loan holders to sidestep future financial pitfalls Whether filing a tax extension could be a smart income move Best practices for claiming dependents in complex tax situations Tax structuring secrets for married borrowers in community property states What the latest IRS rules and your debt situation mean for loan forgiveness options The urgent call for coordinated tax planning in light of automated IRS-Education Department data sharing The often-overlooked long-term expense of DIY tax software like TurboTax The financial logic behind our bundled financial and tax planning services launching now A sneak peek at next-level tax strategies we'll explore in upcoming episodes Links mentioned: Find out more about SLP Wealth Book an onboarding call with SLP Wealth Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

The world of student loans is not just about debt. It's an intricate dance of financial decisions, potential pitfalls, and unexpected opportunities. But financial decisions for a student loan borrower are anything but simple. A lot is lurking in the shadows, and today, I'm joined by Dan Rooker, CFP®, CSLP®, to shine a light on it. We're sharing why we're doing financial planning and how we redesigned what clients should pay to save you time, money, and stress in your financial lives. As an added perk, today's listeners get an exclusive offer on a reduced fee. In today's episode, you'll find out: Why a financial plan is essential for student loan borrowers and how it can lead to significant savings Key investment techniques involving taxes and tax loss harvesting The shortcomings of automated financial advisors Why financial advice must take a big picture approach of your situation and goals Why we made it our mission to make services accessible for all income levels Exciting new service offerings we plan to roll out soon How our fees compare with other financial advisers in the industry The breadth of professional groups we cater to and our areas of expertise Real-world examples of potential financial missteps Link mentioned: SLP Wealth Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

The weight of student loans can be a significant challenge. Many borrowers have felt powerless, fearing that their student debt would control their life decisions for ten or twenty years or more. However, it doesn't have to dictate your financial journey. Senior Student Loan Advisor Lauryn Williams, CFP®, CSLP®, is joined by Student Loan Advisors Jake Courtney, CFP®, CSLP®, and Marcel Miu, CFA, CFP®, to help you find a balance between student loans and enjoying life. In today's episode, you'll find out: How PSLF's reputation steered borrowers away from forgiveness options Why borrowers with high student loan balances gave up on repayment How the new SAVE plan could redefine your approach to loan repayment Unexpected pitfalls of refinancing federal student loans during the pandemic The unique student loan struggles millennials are grappling with today What the Fresh Start program is and how it can be a game-changer for borrowers Why current conditions may deter borrowers from refinancing student loans Ways to squeeze joy out of life despite student loan debt and financial challenges Link mentioned: A Fresh Start for federal student loan borrowers Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

New repayment plans are opening the door to new loopholes for borrowers, including a new subsidy strategy. I'm sitting down with Senior Student Loan Advisor Meagan McGuire, CSLP®, to share an exciting new tactic with the SAVE plan that can help you subsidize all of your grad school loans. Learn about weighted average of balances and its impact on loan repayment options, including Public Service Loan Forgiveness. You'll also hear eye-opening insights into the Department of Education's calculation errors that have affected hundreds of thousands of borrowers. In today's episode, you'll find out: The new subsidy strategy that's a loophole for grad school borrowers Why taxpayers file separately to lower student loan payments How to recoup lost tax credits by amending past tax returns Whether potential caps on Parent PLUS loans are fair The impact of calculation errors and issues with administrative forbearance How weighted average works and how it affects loan repayment About the mental toll and anxiety of borrowing student loans Predictions for the future of student loan policies and forgiveness programs Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

In this action-packed episode, financial experts and student loan consultants Jared Costigan, CFP®, Logan Murray, CFP®, CSLP®, EA, and Lauryn Williams, CFP®, CSLP®, explore the profound impact of student loans on everyday life. You'll hear stories of consultations where clients discovered surprising opportunities for loan forgiveness, leading to emotional reactions and newfound hope; the macroeconomic implications of the impending restart of student loan payments and how it presents a valuable planning opportunity for borrowers; and how retirement planning and aggressive repayment strategies fit into your student loan repayment strategy. In today's episode, you'll find out: How retirement planning intersects student loans Financial opportunities for borrowers as student loan payments resume How income-driven repayment can make your monthly payments more manageable The benefits of integrating student loans into your overall financial roadmap Why you shouldn't wait to ask for help with student loan payments How student loan planning is different from traditional finance and why it's often overlooked What drives our experts in a sneak peek behind the scenes with the SLP team The story of a client who unlocked a staggering $150,000 in loan forgiveness during a consultation Financial planning opportunities for borrowers who haven't included student loan payments in their budget The importance of income-driven payment plans and payment reduction Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

As student loan payments restart after a three-and-a-half-year break, borrowers are facing challenges. Most of the traps revolve around applying for SAVE, linking your IRS data to the Department of Education, and reaching out to your student loan servicer. When navigating these pitfalls, it's crucial to consider your unique situation instead of blindly following the Department of Education's one-size-fits-all solution. Listen in to learn common mistakes to avoid and what to do when your servicer messes up. In today's episode, you'll find out: How to avoid payment traps and servicer mistakes as payments start When to set up autopay, and when to turn it off What to consider before applying for the SAVE plan Why you shouldn't link your IRS data with the Department of Ed Problems with income recertification When alternative documentation for income is best for borrowers Downsides of calling your servicer with student loan questions How to be strategic to find solutions for servicer issues What to do when your servicer messes up Actions to take to resolve servicer mistakes How to get support to navigate servicer issues Links mentioned: StudentAid.gov SAVE Repayment Plan Student loan servicers Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

I'm covering your most pressing questions as we prepare for student loan payments to resume. The forbearance period is ending, and there's a lot of uncertainty and confusion about how to navigate the repayment landscape. I'll discuss the recent developments with the PSLF waiver and IDR waiver, shedding some light on how these changes might affect your chances of loan forgiveness. Learn your next steps, whether you're considering refinancing, changing repayment plans, or just want to understand the new regulations. In today's episode, you'll find out: The pros and cons of refinancing your student loans, including when it's worth it to switch to a private lender The complexities involved in qualifying for PSLF and the IDR waiver How the IDR waiver can significantly impact your loan forgiveness eligibility When to consider forbearance as a short-term strategy Why you might want to wait until 2024 to make any changes to your repayment plan Why you should be cautious when considering switching to the new SAVE plan How new borrowers as of July 2014 have different options compared to those with older loans The political changes that could impact future loan repayment options How to amend your tax returns to maximize your benefits under PSLF How we're planning to help you with tax preparation Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Meagan McGuire, CSLP®, hosts two incredible guests, Meredith Jones, DVM, CSLP®, AFC®, and Gabe Rooker, who will share their experiences and insights into the world of student loan planning. Meredith, known for running a debt-free veterinarian Facebook group, sheds light on the common finance-related questions and struggles shared within the group. And Gabe, with a background in engineering, shares his journey of working for Intel and tutoring high school students on his days off to becoming an authority in college planning and student loan guidance. Gabe and Meredith are both part of our dedicated team of student loan advisors, and their expertise and passion for helping others will inspire and empower you in your student loan journey. In today's episode, you'll find out: The initial shock of realizing scholarships don't cover as much as you'd think Why it's crucial to discuss uncomfortable topics like student loans The trickle-down effect of student loan planning into other areas of personal finance Common finance-related questions and struggles shared by fellow veterinarians The new rule change that helps certain physicians qualify for PSLF The breakdown of the student loan planning process and its benefits Strategies for adapting to the constant changes and updates in student loan planning How to overcome the fear and confusion surrounding student loans Thoughts about leaving a stable job to pursue a passion for helping others with student loans How student loan consultants and doctors/veterinarians share similar client interaction and goal-oriented approaches The unique paths that led Gabe and Meredith to become part of the Student Loan Planner consultant team Why student loan planners aren't afraid of uncomfortable conversations about student loans Resources mentioned: Virtual Veterinary Financial Summit: https://vetfinancialsummit.com/summit Book a student loan consult with Meredith Book a student loan consult with Gabe Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

The SAVE plan has become a hot topic for many borrowers, and we're getting a lot of questions. I will answer the top questions we see, including what it is and when you need to sign up for it. I'll cover important deadlines and major red flags you need to know about student loans. You'll learn how the SAVE plan can impact your loans, why it might not be the best option for every borrower, and what to do if you're unsure about your repayment strategy. In today's episode, you'll find out: The pros and cons of the SAVE plan and why it isn't the right fit for everyone When to choose PAYE over SAVE for a more cost-effective repayment option Final dates for taking advantage of the IDR account adjustment Deadlines for signing up for PAYE and ICR repayment plans If the SAVE plan is better than the new REPAYE plan people have been talking about Why our student loan advice for 2023 is still valid in light of the new SAVE plan When and how to apply for the SAVE plan What Parent PLUS borrowers need to know about consolidations and access to the SAVE plan The real reason why higher education is so expensive Upcoming consultation openings in October More information on SLP Wealth and tax services Links mentioned: SAVE Repayment Plan Pay As You Earn (PAYE) Plan Income-Driven Repayment (IDR) Plan Request Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Arm yourself with "quick hits" — essential tips to guide you through the labyrinth of recent student loan updates. As student loan payments restart, Lauryn Williams, CFP®, CSLP®, and Meagan McGuire, CSLP®, share how to maximize opportunities on your student loan repayment journey. Discover the revamped consolidation application designed for better efficiency and ease. Learn the benefits of removing the spousal sign-off requirements and the improved IRS data retrieval tool. Get the lowdown on the double consolidation process for Parent PLUS loans and why you shouldn't wait to take action. Listen in to stay ahead of the game when managing your student loans. In today's episode, you'll find out: How changes to the consolidation application can influence your decision to consolidate How your spouse's information can affect student loan consolidation, regardless of separate finances How to get real-time payment estimates with the IRS data retrieval tool The new option of uploading income certification documentation digitally versus traditional mailing Top pros and cons of the double consolidation legal loophole for Parent PLUS loan borrowers Why parents with student loans need to add the July 2025 deadline to their calendar Common problems borrowers face when consolidating or choosing an income-driven plan Why interest capitalization isn't as bad as you think The importance of considering your entire financial picture when evaluating your student loan repayment strategy Links mentioned: Direct Consolidation Loan Application Income-Driven Repayment (IDR) Plan Request The IRS Data Retrieval Tool (DRT)

If you're looking for effective ways to manage your student loan debt now that the student loan pause is over, this episode is your ticket to the next steps. Listen in as I explore the nuances of different loan repayment options for various professions. You'll discover how our powerful student loan calculator can pinpoint repayment amounts and how to use the information to optimize your repayment strategy — your payments could be as low as $0 with the new SAVE plan. I'll also talk about the importance of keeping cash flow low and whether investing in the stock market outweighs using the extra money to pay down student loans. So, let's get started! In today's episode, you'll find out: Ways your student loan payment and interest could be as low as $0 a month Subsidized payment options for resident physicians and other borrowers Why keeping cash flow low is crucial, especially if you're not well-compensated The difference in interest rates between 10-year and 20-year loans and why it may not matter If you should invest in the stock market or use the extra money to pay down your student loans How to overcome income uncertainty in the first years of practice How short-term interest rates can impact your student loan repayment journey Why 5-year loans are typically cheaper than 20-year loans How to compare your current payment to the SAVE plan and determine the best course of action When to wait to recertify your income for income-driven repayment The risks in authorizing loan servicers to pull data from the IRS for income recertification Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan

Which borrowers need to take urgent action to get refunds before next weeks deadline.

Meet our newest team member, Sam Silberstein, CFP®, CSLP®. A seasoned financial consultant and coach, Sam brings a wealth of knowledge and expertise to the table. Join our host, Lauryn Williams, CFP®, CSLP®, as she and Sam delve into her journey in the world of finance and her passion for student loan planning. Sam shares her experiences with self-taught learning, her decision to undergo additional training in student loan planning, and the invaluable lessons she's learned from industry experts. Sam also opens up about her love for musicals, her beloved cat, and the struggles she's faced managing her own finances. In today's episode, you'll find out: Sam's background and passion for helping others manage their finances The importance of customizing financial strategies How Sam and SLP are filling gaps in financial planning How to understand and cope with the anxiety and trauma associated with student loan debt Why it's Important to work with consultants that provide support How to address concerns about the cost and value of consultations Who may still be eligible for PSLF waivers and student loan forgiveness The diversity of SLP consultants and how to book a consultation Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook, Twitter/X, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Combining PSLF waiver forgiveness and consolidation strategies have led to student loan debt discharges that caught many borrowers by surprise. But time is running out for the IDR waiver. I'll explain why you need to act fast (especially if you have FFEL loans) so you're not left behind. If you've heard about SAVE, the new Income Driven Repayment plan, you need to know that having a Direct Loan is the only way to take advantage of it. You'll also hear about student loan changes, PSLF benefits, and more to help you take the next right step in your student loan repayment journey. In this episode, you'll find out: Why keeping up with student loan changes and acting fast is crucial to avoid being left behind How the PSLF waiver and consolidation resulted in debt discharge for many borrowers Why you need a Direct Loan to take advantage of the new Income Driven Repayment plan Why you may need to make decisions and take action even if you don't have all the information The steps to contact your student loan servicer to make sure your payments are made on time The potential impact of payment timing on forgiveness and subsidies How lobbying efforts led to new rules benefiting physicians and other PSLF-eligible borrowers What might happen if a court rules against the IDR account adjustment Link mentioned: PSLF Help Tool Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Meet Scotty McDonald, CSLP®, the newest addition to the Student Loan Planner consulting team. Host Lauryn Williams, CFP®, CSLP®, walks Scotty through his journey of career transitions and finding his passion in personal finance. He shares his background, growing up in Atwater, California, and attending art school. Scotty explores his personal journey with student loan debt and the importance of focusing on the things within our control and using past decisions to inform future strategies. Finally, Lauryn and Scotty discuss their approach to spending money, emphasizing the importance of aligning expenses with what brings them joy and moves them closer to financial independence. In today's episode, you'll find out: How Scotty went from fancy art school to personal finance Scotty's philosophy about how to handle regret and frustration from past decisions A common misconception about working for yourself and having flexible hours How growing up in California shaped Scotty's minimalist lifestyle Scotty's first interactions with Travis and Student Loan Planner in 2016 What motivated Scotty to pursue a career in helping individuals with their finances The 3 factors Scotty considers before spending any money Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook, Twitter/X, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Important deadlines are looming on the horizon, and there's a lot to unpack. I'll cover the essential information you need to know about consolidating loans, navigating forgiveness programs, and making crucial decisions before the upcoming deadlines. Learn the advantages and considerations of loan consolidation based on income and loan amounts, the impact on monthly payments, and how to determine if consolidation is beneficial using our SAVE calculator. I'll also address the recent changes in the Public Service Loan Forgiveness (PSLF) program, the ongoing challenges faced by the Department of Education, and the potential political landscape that could affect loan forgiveness in the future. Listen in as I answer listener questions and offer strategies to maximize forgiveness opportunities. In today's episode, you'll find out: How to determine if you should consolidate based on income and loan amounts Why borrowers need to prioritize minimum monthly payment When consolidation might not be the best financial decision How to use our student loan calculator to see if you should consolidate Why the Department of Education might not fulfill all their promises Why you might want to hold off on refinancing federal student loans The importance of deciding whether couples should file taxes separately or jointly How to determine if switching from Pay As You Earn (PAYE) will save you money Why Parent PLUS borrowers may face exponentially higher payments if they miss deadlines Crucial student loan deadlines you don't want to miss The best way to navigate support and get issues resolved with your loan servicer Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Getting financial help isn't easy, but avoiding it can have a ripple effect on your life. Lauryn Williams, CFP®, CSLP®, and Rob Bertman, CFA, CFP®, are diving deep into the long-term consequences of not getting the support you need. They explore the barriers to seeking financial help, emphasizing the stigma, shame, fear, and hopelessness that often surround financial issues. Discover how to reframe the narrative to focus on the positive aspects of student loan debt in particular, such as education and career opportunities. Rob and Lauryn also tackle the cultural taboo surrounding discussions about finances and seeking the necessary help to truly revolutionize your financial life and live your best life ever. In today's episode, you'll find out: The full scope of the impact of everyday financial decisions How location, time constraints and lack of funds make financial advice hard to get How to reframe your shame and guilt of debt to focus on the positive aspects Advice on prioritizing tasks and picking something to move forward with Why people wait to reach out for help after a personal event or someone else's financial hardship The importance of a spouse's information when getting financial advice The best ways to balance personal and financial goals Why taking an inventory of cash flow, debt, taxes, investments, and other factors is crucial to financial health Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

The new Income-Driven Repayment (IDR) guidelines are complex and controversial. Essentially it's a Pandora's Box of regulations implemented by President Biden. Listen in as I break down the key facts and implications of these regulations, including plan blocking, revisions to existing plans, limitations on plan switching, encouragement to file taxes separately, and increased freedom for schools. In addition, I provide useful insights to help you navigate these regulations and practical advice to help you repay your student loans. In today's episode, you'll find out: How to navigate the new IDR regulations for student loan repayment Why I think we'll see tuition increases before and after elections The fine print, loopholes and limitations of the new IDR regulations My tips for borrowers on how to choose the right repayment plan Why it's crucial for PSLF borrowers and those with outdated payment certifications to reassess their repayment plans The potential consequences of switching to a new plan, including higher monthly payments What Parent Plus borrowers should know about how the new regulations may impact loan repayment How to build your roadmap to financial relief by analyzing the impact of the new IDR regulations The temporary relief provided by the IDR waiver and its expiration date at the end of December How to assess the cost and benefits of the new IDR regulations for your situation Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Details about the new student loan repayment plan are finally here. It's called SAVE, and it stands for Saving on a Valuable Education. I'm uncovering crucial details about the new plan and how it's replacing the existing REPAYE plan. It's the biggest change to student loans we've seen, and it has the potential to simplify student loan repayment and save borrowers thousands or even hundreds of thousands of dollars. I'll dive deep into the details, discussing recent changes, strategic applications, and the impact on Public Service Loan Forgiveness. In today's episode, you'll find out: How to get a 12-month forbearance period after payments start with the Biden administration's new rule The implications of this forbearance, including its effect on credit reporting and loan interest accrual How the "special onramp forbearance" can strategically benefit borrowers An example where a brain surgeon with a significant student loan balance can be eligible for forgiveness How the COVID forbearance allows credit toward a 20 or 25-year repayment plan and PSLF What are the impacts of the recent changes to consolidation rules, and how it affects undergrad borrowers How the new SAVE plan works and why it will make repayment less complicated What Republicans are proposing for income-driven repayment plans Insight into the potential cost projections of the Biden administration's SAVE plan and possible legal challenges Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

There's a complex intersection of education, retirement, and the growing issue of student loan debt, particularly among older individuals. Join me as I explore the "gray student loan crisis," strategies to lower income for retirement, and how to get six years (or more) of student loan forbearance by simply asking for it. What about healthcare costs in retirement? I'm covering that, too, including insights into Medicaid and health insurance bureaucracy. Finally, I talk about the importance of mental health and why you should always prioritize your life over your loans. In today's episode, you'll find out: How education equips individuals with the tools to save for retirement and achieve their financial goals The emerging gray student loan crisis and how it poses a bigger problem for retirement planning The exponential growth of student loan debt among older individuals, with factors such as rising education costs and the inability to declare bankruptcy contributing to this trend Different strategies to lower income in retirement, including paying income-based repayments on student loans The potential impact of a no-questions-asked forbearance option on student loan repayment strategies and retirement savings Insights into the uncertainty surrounding the end of the student loan pause and its implications for borrowers Why you may want to avoid Medicaid even if you qualify for it The challenges of navigating the healthcare system, specifically related to Medicaid eligibility, healthcare choices, and managing health insurance costs Strategies for utilizing forbearance responsibly to maximize income-based repayments, save money, and build a strong retirement fund The potential benefits of consolidating student loans to extend forbearance eligibility and effectively manage debt Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

The latest update on the status of Student Loan Cancelation based on the announcements made June 30, 2023. ____ Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

You're more likely to experience a disability than death, yet student loan borrowers and their families often overlook disability insurance. Two of our student loan planner consultants are exploring the crucial topic of disability and death planning. Join Dan Rooker, CFP®, CSLP®, and Lauryn Williams, CFP®, CSLP®, to learn the qualifications for Total and Permanent Disability (TPD) discharge and why estate planning is necessary even if you don't have dependents. The discussion covers estate planning documents and considerations for digital assets and guardianship for children. Additionally, you'll gain insight into private student loans and how they differ from federal ones in terms of death or disability discharge. Tune in for valuable tips about the legal documents, benefits, and planning strategies that can help protect you and your loved ones in unforeseen circumstances. In today's episode, you'll find out: How disability insurance protects your income and why it's crucial for financial security Situations where you'd need disability insurance and examples that highlight its importance What documents you need to obtain Total and Permanent Disability discharge for federal loans and navigate the process successfully Key considerations to keep in mind before refinancing private loans What happens to private student loans after the borrower dies, including implications for both the borrower's estate and co-signers Why financial planning is more than just budgeting and student loan repayment The reasons why you need an estate plan, even if you don't have dependents, and how it can protect your assets and ensure your wishes are honored How rental property owners can effectively plan for emergencies and mitigate potential risks Common legal terms and important documents used in estate planning that you need to know What elements should be included in comprehensive estate planning, such as addressing digital assets, establishing guardianship, and more The importance of funding trusts and debunking misconceptions in the context of estate planning Why it's crucial to name beneficiaries on accounts and how it affects the distribution of assets The biggest mistakes to avoid when it comes to estate planning and how to navigate the process smoothly Why you should start early and not wait to begin estate planning Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook, Twitter, or LinkedIn Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

"Advice anxiety" has two distinct elements. There's the anxiety that goes along with giving advice as a professional and the fear associated with receiving advice from other professionals. This topic holds great significance for me, and I'm going to be honest and vulnerable in sharing my personal struggles. My sincere intention is for my experiences to resonate with you, acknowledging and validating your own journey. I'll offer valuable insights on seeking nonjudgmental advice, emphasizing the importance of embracing diverse perspectives, and why it's crucial to be gentle with yourself when things don't go as planned while also celebrating moments of success and growth. In today's episode, you'll find out: A quick note about student loan payments restarting on October 1 The anxiety of giving (and getting) professional advice The one thing to look for before getting advice from someone How to manage the stress that comes from giving advice to people My personal experiences with the burden of providing advice professionally Why I thought I pointed student loan borrowers in the wrong direction The importance of long-term thinking when facing short-term setbacks Why business owners in various industries struggled with hiring decisions How to handle crisis situations seriously and the importance of seeking help Why asking for advice and being open to feedback is crucial, even when it requires going against the grain My personal approach to managing difficult situations as a professional Why it's never too late to get the right advice Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook, Twitter, or LinkedIn Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

Join our very own seasoned experts, Meagan McGuire, CSLP®, and Lauryn Williams, CFP®, CSLP®, for an in-depth discussion of student loans. They explore the pitfalls of private student loans, the advantages of refinancing, and the importance of thorough research to avoid scams. You'll be inspired by success stories from our clients, including one borrower who saved $80,000 of student loan debt and turned it into a down payment on a home. You'll get the latest updates as Meagan and Lauryn discuss the new repayment plan that's on the brink of approval, how it could impact borrowers, and why rushing to consolidate loans before a refund could be a mistake. If you're dealing with student loan debt, you don't want to miss this episode! In today's episode, you'll find out: About the risks and potential high-interest rates with private student loans for undergraduates The process and benefits of refinancing private student loans after graduation The importance of researching to find reputable refinancing companies How retirement planning and HSAs can help manage student loan debt An inspiring story of a client who saved $80,000 on student loan debt How consolidating loans can provide a lot of flexibility and potentially be a game-changer in managing student loan debt When and why to consider refinancing private student loans When to start the consolidation process and why you should wait if expecting a refund The challenges of securing refunds from student loan servicers Potential drawbacks and "loopholes" of the new repayment plan proposal How advice around refinancing may change due to the new repayment plan How Public Service Loan Forgiveness (PSLF) could potentially alter your loan repayment scenario Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

The student loan pause is coming to an end. It's been more than three years since borrowers had to make payments, but the debt ceiling bill included a provision that President Biden couldn't extend the pause past August. I'll discuss the politics behind this decision and how it may affect voters in key states. Additionally, I'll explore the potential benefits of the upcoming Income-Driven Repayment (IDR) plan and provide insight into navigating student loan repayment and evaluating refinancing options once interest resumes. In today's episode, you'll find out: When the student loan pause is ending The provision in the debt ceiling bill that prevents President Biden from extending the student loan pause past August When the Department of Education will instruct student loan servicers to resume repayments The importance of the activist group on student loan debt within the Democratic Party Why Biden needs young progressive voters to turn out in the next election What Biden got in exchange for giving up the end of the pause on student loan payments that Republicans missed out on What borrowers can do to prepare for the end of the student loan pause Whether or not you should refinance your loans when the interest resumes Details about the new Income-Driven Repayment (IDR) plan, including low payments and 20-year forgiveness for borrowers with modest balances When to expect the release of final regulations for the new repayment plan Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

The topic of life insurance has so many nuances that even people who already own policies find it confusing. Lauryn Williams, CFP®, CSLP®, and Rob Bertman, CFA, CFP®, discuss the complexities of life insurance and how it can be misused to exploit people. You'll hear anecdotes of people who have invested in whole life insurance policies with high fees and low returns, sometimes being sold on the idea of building wealth by unscrupulous salespeople. The dynamic duo also shares how reputable financial advisors and investment options are more accessible and affordable than ever before. Finally, you'll learn the importance of life insurance as a necessary product for catastrophic loss and ongoing support to safeguard your dependents. In today's episode, you'll find out: The myths surrounding whole life insurance The problem with commissions in whole life insurance investments Why people with lower income levels are often taken advantage of through financial schemes Why knowing if you're being sold something will help you build wealth or prevent you from building wealth is crucial How lack of knowledge about insurance policies can be harmful Rob's analysis of whole life policies and permanent insurance policies The fallacy in the way whole life insurance is sold Better ways to invest money than whole life insurance, especially in your 20s when you're in your prime wealth-building years Why you need a "full financial picture advisor" instead of an insurance salesperson The continued need for life insurance, especially when you're young Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!