Student Loan Planner

This episode is packed with essential information to help you stay on top of your student loan game. Meagan McGuire, CSLP®, and Lauryn Williams, CFP®, CSLP®, are here to discuss everything from navigating forbearance and disputing inaccuracies in your payment history to the double consolidation loophole and updates on the PSLF tracker. You'll hear tips on maximizing loan forgiveness and which channels to use to contact MOHELA and Nelnet. Plus, you'll get updates on the Student Aid portal and a client's experience disputing administrative forbearance. In today's episode, you'll find out: What is the period for recertification and how often does it occur How common it is to be put into forbearance during the recertification process Can borrowers dispute administrative forbearance The best way to dispute forbearance with your loan servicer How payment history before consolidation counts toward your forgiveness timeline How the account adjustment of the IDR Waiver can help you find extra payment credits The best way to contact MOHELA to ask about payment history and forgiveness How to use the reconsideration request form to get faster processing How to dispute inaccuracies in your payment history When the PSLF tracker will be available Links mentioned: StudentAid.gov Reconsideration request form 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!

The U.S. has a massive student loan debt problem, with $144 billion eligible for forgiveness. The new numbers show that $42 billion have already been forgiven, but Republicans are seeking to block further student loan forgiveness and a new repayment plan due to the raging debt ceiling battle — ultimately putting borrowers at risk. I also discuss the potential impact of Biden's record-low approval rating, how he can secure support from younger voters on issues like student loan forgiveness, and the role of the Supreme Court case in reaching a compromise on the debt ceiling. In today's episode, you'll find out: The impact of the debt ceiling on student loan borrowers New numbers related to PSLF and income-driven repayment How Biden's record low approval rating and opposition within the Democratic party affect his strategy The increase in forgiven debt due to forbearance and deferment, and its potential to benefit public servants The benefits of the IDR waiver for borrowers How consolidating loans unnecessarily can cost you more in the long run The role of progressive activists and controversial social media memes in shaping the student loan debate The Republican Party's lack of understanding of progressive student loan policies Why the potential delay in the debt ceiling impacts student loan borrowers as Biden awaits the Supreme Court's decision The resilience of forgiveness programs against lawsuits from opponents Why you need to understand different deferment types to ensure eligibility for waivers before consolidating debt Why getting help or scheduling a follow-up consultation is crucial for borrowers with significant student loan debt The outcome of the Supreme Court decision and its implications Links mentioned: Send Student Loan Planner a voicemail 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!

With millions of individuals burdened by student loan debt for two decades or more, the Income-Driven Repayment (IDR) waiver has the potential to offer much-needed relief. However, it may also morph into a significant political issue as a substantial number of older voters struggle with loan repayments. In this discussion, I examine the questionable financial choices made by colleges, such as allocating large budgets for non-essential expenses, and delve into the increasingly lavish nature of higher education costs, such as the growing focus on luxury amenities rather than educational quality. I also explore the amount of long-term student loan debt and the profound impact it has on the lives of many Americans. In today's episode, you'll find out: How the IDR waiver can potentially reform bankruptcy regulations for student loan debt The probability of a student loan tax bomb impacting borrowers in 2030 Factors contributing to rising college costs The shift towards upscale amenities and programs in higher education to attract students The government's role in student loan debt and its evolution as a political issue The societal impact of the Grad PLUS program Predominant methods Americans use to finance higher education The average age of student loan borrowers The amount of student loan debt held by borrowers and why they hold it for so long 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!

Are you struggling with student loan repayments and how it fits into your financial goals? Lauryn Williams, CFP®, CSLP®, and Meagan McGuire, CSLP®, have joined forces to share valuable insights on how to avoid common student loan repayment mistakes in long-term financial planning. They discuss how many people are unknowingly on the wrong repayment plan, and why income-based repayment might not actually be the best option for you. They also share practical tips for finding savings beyond student loans, strategies for investing, and their take on the $30,000 and $3 mindset. In today's episode, you'll find out: What is the $3 mentality and how it impacts long-term financial goals The importance of choosing the right repayment plan for your circumstances What is the best way to select a repayment plan for student loans How married couples can save money on student loans and taxes Tips on paying down credit card debt efficiently When it makes sense to seek financial consultation Why many borrowers shouldn't have ignored student loans during COVID Why the double consolidation loophole shouldn't exist What is the $30,000 mindset for finances Financial implications of renting vs. buying a home What are some basic investment strategies Resource 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!

After what feels like an eternity of waiting, the IDR waiver FAQ has finally arrived. The Department of Education finally released answers to the questions plaguing borrowers' minds since the program was first announced. It's way more complex than the now-expired PSLF waiver, so there's a lot to cover. I'll take you through all the important details, including what counts towards time in repayment, the benefits and potential drawbacks of consolidation, and how the IDR waiver can impact your eligibility for forgiveness. In today's episode, you'll find out: The difference between the IDR and PSLF waiver, and which one is more complex Why the Department of Education is prone to making mistakes Why consolidating loans can be risky Whether President Biden would veto any legislation aimed at blocking the IDR waiver How the IDR waiver impacts borrowers based on time in repayment, deferment, forbearance, and repayment plans The potential cost of the IDR waiver to the Biden administration Why you should be cautious with consolidating loans if you have PSLF repayment The impact of Senator Warren's letter on loan forgiveness for millions of borrowers President Biden's stance on the IDR waiver and the potential FFEL legal concerns How consolidating loans can help PSLF borrowers get even more credit How ongoing developments may affect consultant availability for the IDR waiver FAQ 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!

Meagan McGuire, CSLP®, and Lauryn Williams, CFP®, are here to help you navigate the latest changes and updates to student loans. They start with an inspiring story of a father who shouldered his children's education debts with a Parent Plus loan, only to discover that recent changes now allow forgiveness. Plus, they reveal how the COVID forbearance measure has made Public Service Loan Forgiveness (PSLF) even more advantageous, with a three-year credit towards loan forgiveness. The two share expert tips on repayment plan combinations, navigating community property state laws, and leveraging the latest PSLF Help Tool developments. You'll also see how Parent Plus loan borrowers can pursue loan forgiveness, even if you thought it was impossible. In today's episode, you'll find out: There is no clear language on the technical implementation of the IDR waiver yet A case study on whether to consolidate an undergrad loan to get closer to PSLF forgiveness How the standard ten-year plan compares to PSLF for Parent Plus loans How the new IDR waiver allows credit for unconsolidated Parent Plus loans towards PSLF A big update on how to submit an employment certification form for payment count How spouses can maximize income-driven forgiveness by filing taxes separately The importance of using different repayment plans in different situations A case study strategy to lower payments using the double debt loophole The impact of state community property laws on student loan repayment How the new REPAYE plan could change repayment strategies for couples Which loans are (and are not) eligible for refunds Resource 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!

The Supreme Court's decision on the student loan cancellation case will have a profound impact on the Biden administration and on the implementation of the new REPAYE plan. I'm exploring that and giving updates on recent developments, such as a federal judge dismissing a case alleging racial motive for student debt cancellation and the introduction of a congressional resolution to stop cancellation and waiver programs. Additionally, I explore issues with the Department of Education's implementation and communication, the increasing resemblance of student loans to income tax, and the importance of considering federal loans when financing education. In today's episode, you'll find out: Potential outcomes of the Supreme Court ruling on student loan cancellation How a lack of final rules and staff may delay the new REPAYE plan How case alleging discriminatory motivations for student debt cancellation was dismissed A warning to Biden administration about legal strategies to justify debt cancellation How to get disability insurance and discounts from Student Loan Planner Updates to congressional resolution to stop cancellation and waiver programs for student debt The possibility of debt reinstatement through joint resolution Political implications of student loan forgiveness and the IDR waiver How the Department of Education's policies and communication are flawed Details and potential challenges of the upcoming end to the student loan pause Importance of considering federal loans when financing education 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!

In this episode, I'm diving into some PSLF regulations that specifically affect physicians in California and Texas. Many of them work for for-profit companies that serve nonprofit hospitals, and the new rules coming out in July 2023 could have a big impact on PSLF eligibility. Next up is another listener's situation regarding consolidating Parent Plus Loans with graduate school debt. We'll also be covering some Parent Plus strategies that can be beneficial for parents. I'll also be jumping into the exciting world of Congress and their possible plan to repeal the student loan pause and cancellation. Don't worry, I'll break down what this means for borrowers and what happens when President Biden blocks it. Plus, we'll explore the Congressional Review Act and some juicy details of the ongoing student loan lawsuits. In today's episode, you'll find out: The new PSLF regulations that come out in July 2023 that could change student loan repayment strategies for physicians in California and Texas When you should consolidate Parent Plus Loans with graduate loans and when to keep them separate Who the Parent Plus Loan strategy works the best for How Congress might end the student loan pause and student loan cancellation Why some senators might vote against the cancellation and IDR programs The chances that President Biden could veto the bill to end the programs An update on the Supreme Court's ruling on the student loan cancellation plan When I think they'll really end the student loan payment pause Why student loan borrowers can still benefit, despite the uncertainty Links mentioned: Consolidate your federal student loans

Join me in this episode as we delve into the PSLF waiver report card. While I'm thrilled to see a growing number of individuals in our community receive forgiveness through the PSLF waiver, the low 20% success rate highlights the confusion borrowers face in determining where to apply and which loans to consolidate. I'll then draw a comparison between the PSLF waiver and the student loan forgiveness initiative, which boasted a much higher 60% take-up rate and a simplified application process. Finally, we'll assess the successes and disappointments of the Biden administration's student loan relief initiatives to date. In today's episode, you'll find out: The confusion among borrowers that led to the low success rate of the PSLF waiver Why student loan debt cancellation faced legal challenges, but the PSLF waiver did not How the PSLF waiver widened the racial wealth gap The difference between PSLF and IDR waiver The biggest determining factor on the success of the IDR adjustment Why the student loan cancelation plan is entirely political The importance of the 12/36 rule What it takes to get transformational savings on your student loans How modifying an existing income-based repayment plan can be dangerous 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!

Hold onto your hats folks, because we're diving headfirst into the Silicon Valley Bank failure. I will explain why the government intervened when they did and what they did to combat the rising panic in the banking industry. I'll also explore the potential implications of this failure on interest rates for mortgages and student loans, and why it's important for you to stay informed. Additionally, I will share my analysis of the government's potential strategy on student loan forgiveness, and the reasons behind the denial of some Parent PLUS consolidation applications. So sit back, relax, and join me as we dive in. In today's episode, you'll find out: What is the Silicon Valley Bank (SVB) and why is it important Why SVB failed What a "bank run" is and why it's bad What can cause a bank to fail What the government can do to help a failing bank Why the government stepped in when it did during the SVB failing How SVB failing can affect you as a consumer How the failure of SVB can lead to changes in interest rates and affect loans and mortgages Why the federal government may put a longer pause on student loan repayments Why Parent PLUS consolidation applications may be getting denied more often What the Parent PLUS consolidation loophole is 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!

On Friday, March 3rd 2023, private student loan company SoFi filed a lawsuit against the U.S. Department of Education, hoping to overturn the most recent payment pause extension. SoFi, a private student loan company known for its partnership with the LA Rams stadium, has seen a drastic 90% drop in revenue due to the COVID pause, and they've decided to take action against it now. What does this mean for you? Check out this episode as I discuss this controversial topic and what you can do now to prepare for the upcoming weeks. In today's episode, you'll find out: A disclosure statement about SoFi and MOHELA Why SoFi is suing now over the Heroes Act SoFi's recent quarterly results A possible reason for the actions of the Heroes Act legal team How this lawsuit will affect you Will this affect the new student loan repayment plan SoFi's motivation and one way the Biden administration could respond Why we need the IDR Waiver FAQ now How to prepare for the next six weeks 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!

Student loans are a huge source of anxiety for many borrowers. Wondering how you'll pay them off can feel like a weight that you have to carry around, which has led to lots of folks making unsound or unnecessary financial decisions. It's what I call the "siren songs of student loans." When you think back to Greek mythology, there were sirens that lured sailors to their death with their beautiful songs. Student loans can also have "siren songs" that can lure us into making big mistakes that impact our future wealth growth. In this week's episode, I'm talking about how you can avoid the seven most common siren songs of the student loan world and why student loans shouldn't stop you from living your best life. In today's episode, you'll find out: Why focusing on the interest rate above all else is a mistake How to avoid only seeking out PSLF-eligible jobs You don't need to fixate on student loan repayment assistance How to take on additional debt for school – the right way Why NOT to pay for school with cash The "false idol" of debt-free hustle culture Why you should consider leaving a job you hate, even if you still have loans 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!

Breaking news on the Supreme Court Case

Listen in as Meagan McGuire, CSLP®, and Dan Rooker, CFP®, CSLP®, share the results of the Supreme Court case on cancellation… just kidding. While we'd love to dive into how the case plays out, we recorded this episode prior to the verdict. But don't worry, we've got plenty of other valuable insights to share. We're taking a closer look at the new Revised Pay As You Earn plan, commonly referred to as the "new REPAYE," and assessing whether it's a good fit for you. Plus, over the past few years, student loan freezes have influenced how people file taxes. How does the situation you're in now impact how you should file for 2022? Things will continue to change with the results of the most recent Supreme Court case coming out, but there are still plenty of ways to plan how you're going to file for this year. Then, we'll discuss some of the nuances that are affecting student loan borrowers right now, loan consolidation, and as always, we'll be sharing some intriguing stories from our email inbox. In today's episode, you'll find out: The results of the Supreme Court case on cancellation…jk jk If new REPAYE is a good plan for you 1098-E tax form nuances with consolidations Whether married couples should file 2022 taxes together or separately Impacts of filing separately for income-driven repayment The tax deduction for federal student loan interest during the freeze Delays on loan forgiveness with the PSLF waiver Information on consolidating your loans How address changes impact your double consolidation paperwork Consolidation with respect to the LDR waiver Email inbox storytime 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!

Student loans payments will likely kick back in sometime in 2023, so now is the time to reevaluate your spending and saving habits. Are you truly living the life you want to live? How do YOU define your own success? Today, Meagan McGuire, CSLP®, and Lauryn Williams, CFP®, CSLP®, discuss how to change your budget so that it's working for you. And no, they aren't going to tell you to quit eating at restaurants or supporting your local coffee shop! This episode is all about how you can adjust your life right now to spend your money on the things that actually matter and bring you joy. No matter what your goals are, it's always the right time to invest in you. So let's dive in! In today's episode, you'll find out: Intentional spending and budgeting How to align your spending with your values How to prioritize your spending How to say "no" to things that aren't aligned with your goals The importance of supporting small businesses Different ways to support small business owners The differences in how you feel when you use credit or debit cards, or cash How to invest in a socially responsible way How to donate your time or money to important causes without sacrificing your needs Questions to ask yourself before making a budget 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!

Keeping up with how student debt is changing in this country can be a headache. That's why I want to help you figure out how to use the existing system to your benefit right now in ways that could be life-changing. Today, I'm answering quite a few listener questions — lots of our listeners had Parent PLUS Loans on their minds, and maybe you do, too. Then, I dive into the Biden Plan for "free public college," which may not be exactly what it sounds like, but you could still massively benefit if you set up a plan that uses your current situation to your benefit. In today's episode, you'll find out: What is the double consolidation loophole Advice on Parent PLUS Loans for parents Does the advice apply to private student loans If you should continue with the loophole method How to navigate student loan repayment as things continue to change Whether you should file your taxes separately or joint-file How much the new tax plan could cost Biden's plan for "free public college" and how to use it to your advantage How to provide an inheritance to your kids How to pay back your student loans Links mentioned: Got a student loan question? Leave me a voicemail Parent PLUS Loan double consolidation loophole Get a student loan plan StudentAid.gov 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!

Join student loan consultants Lauryn Williams, CFP®, CSLP®, and Meagan McGuire, CSLP®, as they answer questions from clients about student loans. Learn about the revamped REPAYE plan, forgiveness timeline for undergraduate and graduate loans, and discretionary income guidelines for repayment. They also dive into the tax implications of loan forgiveness, the difference between FFEL and Direct Loans, when the long-term benefits of federally held loans outweigh the advantages of refinancing, and more. In today's episode, you'll find out: Questions about the new repayment plan The forgiveness timeline of the new REPAYE plan When to save up for the tax liability to get ahead of the game How the option of married-filing-separately could be impacted Why you don't need to have a tax return to calculate your payment What you need to know if you feel like you're the only one making student loan payments How to get help with student debt Why you may need a student loan consultation even if you think you don't How do you go about the double consolidation on timing When can you start preparing for the double consolidation What to do if you've been laid off How to get your money back if you've been making student loan payments during the payment pause Link mentioned: StudentAid.gov 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 can optimize your finances in many ways. To reach your goals, there are some things you need to do, but others you should avoid. If you don't want to look back at the end of the year and say, "I wish I would have done that…", this podcast is for you. Join Lauryn Williams, CFP®, CSLP®, and Meagan McGuire, CSLP®, as they talk about how to ditch misconceptions that can mess up your whole year, the right moves to overcome challenges and how to make 2023 your best financial year. In today's episode, you'll find out: Why you should book a consultation even if you don't think you need it What is the new Pay As You Earn plan Why you might need to enroll in PAYE right now Why budgeting isn't the 'big bad B word' How to budget your expenses to save more and maximize your paycheck When you should never leave a balance on your credit card The first line of defense when dealing with or avoiding debt How a budget can help you avoid identity theft or credit card fraud The biggest mistake people make in 2023 The importance of estate planning documents Why you need life insurance and disability insurance to protect your family and finances Why you should add money to your 401(k) even if your employer doesn't match it The top retirement and investing mistakes to avoid How retirement saving can lower your student loan payments Link mentioned: Find a doctor mortgage lender 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!

Exciting news for student loan borrowers! The new REPAYE plan proposed by President Biden aims to simplify the existing plan and offer more benefits to borrowers. It's an earth-shattering moment in higher education. A few highlights include being able to file separately for taxes (if you're married), qualifying for interest subsidies of 100%, and getting a 225% poverty line deduction to lower student loan payments. I'm diving into the nitty gritty details to help you understand how this plan may impact you. In today's episode, you'll find out: What is the new repayment plan The ins and outs of the family size deduction Who can access the new income-based repayment plan Why the new repayment plan is vital for borrowers Why you need to figure out if PAYE is right for you right now How the Biden Administration modifies the income-driven plan The impact of the changes on student loan borrowers How many borrowers could pay $100 or less on their student loans How we'll serve this new group of borrowers who needs our advice Will the IDR plan be implemented What to do if you need to apply for a student loan forgiveness waiver What to expect next from student loans 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 Biden Administration announced a new income-driven repayment plan that can significantly benefit millions of student loan borrowers. Student Loan Advisors Meagan McGuire, CSLP®, and Conor Mahlmann, CSLP®, discuss the revamped REPAYE plan that was recently proposed. Find out how the modified plan increases the poverty line deduction and provides interest subsidies to lower payments for anyone on income-driven plans. Whether you have undergraduate or graduate loans, you'll learn the mechanics of how the plan calculates payments and how it could affect you. Meagan and Connor also note that the plan is still in the commenting period and may be subject to changes. In today's episode, you'll find out: The new plan isn't really a new plan at all The basics of the proposed modifications to the REPAYE plan How the increase in poverty line deduction can instantly lower your monthly payments The role of adjusted gross income (AGI) in calculating your payment amount The interest subsidy that can cut your payment amount How it impacts couples who file taxes as married filing separately The biggest differences between the old REPAYE plan and the new REPAYE plan Why switching to PAYE down the line might not be an option What is double consolidation and why it makes sense for some borrowers How consolidation of forgiveness credit works When PAYE is best vs. the new revamped plan What to watch for with the IDR Waiver

I've got a very special show for you today. I'll share how to put more money in your pocket to allow you to invest. Whether you're just getting started investing for the first time or you want to significantly ramp up your investing, I'll walk you through how to get to financial freedom faster than you ever dreamed possible. I'll also tell you how to get our flagship investing course, Six Figure Debt to Six Figure Net Worth, at a 70% discount. In today's episode, you'll find out: How to get started with investing if you're not sure what to do New concepts and thoughts to take investing to the next level How to save tons of money and get to a passive income faster How to get control over the most important asset – your time The big 401(k) account balance deduction limit changes in 2023 How to lower your tax liability at the end of the year Why you shouldn't report an accident to your insurance company if you're not filing a claim Why you might want to avoid insurance companies with "mutual" in the name When you should move some of your checking account money to your savings account The importance of asking for three estimates on a project How to set up a better retirement account The role of tax loss harvesting in investing How to mix stocks and bonds together and what kinds of funds to put in each How to save 70% on Student Loan Planner®'s flagship investing course Link mentioned: Six-Figure Debt to Six-Figure Net Worth 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!

If we knew what was going to happen in 2023, we could position our portfolios for maximum growth. But you don't need to do that. There are some really great things going on with the investment climate. Combine that with the superpower you've got with your education and degree, and you can secure more financial freedom and choices for your family. You can't predict the future, but you can take steps to make 2023 a year of explosive wealth growth for you. In today's episode, you'll find out: What is the superpower you have with your education and degree The circumstances around the last time we had inflation take off around 1968 Are we going to have a recession in 2023 Why inflation might not be good, even if you're a student loan debt holder The importance of diversification What happens if you have low interest rates vs. high interest rates What's going on in investing right now How professional degrees are more protected from the economy than bachelor's degrees Some risks you might see in 2023 Whether you can continue to invest at the same level you were before How to achieve outrageous financial success in the new year 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!

For many student loan borrowers, saving money can be daunting. Knowing how to save and where to put your hard-earned money can be a difficult decision to make. Student Loan Advisors Dan Rooker, CFP®, CSLP®, and Ben Lacomis, CSLP®, are here to help you make the best financial decisions. Here's a sneak peek into savings rates, updated savings and contribution rates for retirement accounts, and other common savings buckets to watch for, as well as examples of where you could save in 2023. In today's episode, you'll find out: The average savings rate in 2020 and why it was so high What Dan and Ben are looking forward to next year How Dan is approaching travel in 2023 Ben's focus on financial planning and growth in 2023 How to calculate your savings rate with student loan debt About the net worth calculator in our Student Loan Calculator spreadsheet The best place to put your money in 2023 Savings caps for retirement, health-related savings, and education savings 401(k), 403(b) and 457 plan maximums for next year What is a health savings account (HSA) HSA savings caps for next year Why HSAs are the Holy Grail of investment accounts How the Secure 2.0 Act can help employees save for retirement How income-driven repayment (IDR) plans can improve your net worth When to recertify your income if you're on an IDR plan Why borrowers with Direct Loans can hold off on recertifying for now 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 holidays are a great time to think about the gift of education. For all the parents who have borrowed on behalf of their children to ensure they had an education, we want to give you a round of applause. Parent PLUS loans can add a layer of financial stress. Senior Student Loan Advisors Lauryn Williams, CFP®, CSLP®, and Meagan McGuire (Landress), CSLP®, dedicate this episode to the 3.4 million borrowers of Parent PLUS loans. Whether you're a parent with Parent PLUS loans or you're a student and your parents have Parent PLUS loans, this episode is for you. In today's episode, you'll find out: How 529 plan contributions make a great holiday gift The average Parent PLUS loan balance per borrower How double consolidation could have qualified Parent PLUS loans for the PSLF Waiver Repayment options for Parent PLUS loans, including PSLF Who's responsible for repaying Parent PLUS loans Can you transfer the Parent PLUS loan to your child What interest rates are usually available for Parent PLUS loans Why Parent PLUS loans are best suited for middle-class families The application process for Parent PLUS loans How a pre-debt consultation can help you avoid painful student loan repayments after graduation How community property states treat Parent PLUS loans and why where you live matters for future planning When do student loan payments begin for Parent PLUS loans When should you start paying off your student loans The four different repayment plans available under the income-driven umbrella How Parent PLUS loan borrowing works if you have multiple children 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!

Student loans have been anything but predictable over the past three years. The changes have raised many questions, but we have the answers! Join top student loan experts Meagan McGuire (Landress), CSLP®, and Sim Terwilliger, CFP®, CSLP®, as they take a deep dive into the questions they're seeing right now. Their combined insight and expertise can help you get the most out of the payment pause, refunds, payment count updates, forgiveness, and changes coming down the line. In today's episode, you'll find out: Does working 70% full-time count for PSLF PSLF changes to expect in July How to get a refund on student loans Has anyone actually gotten a refund for overpayment How long does it take to get a payment count update What to look out for if you think your loans are forgiven, but you aren't sure Best case and worst case scenarios for FFEL considerations Does forgiveness have any impact on your credit The importance of reframing your student loan payment as a tax 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!

Reviewing and assessing your progress over the last year can help to keep you on track to reach your goals. But what exactly should you do? Finish the year strong and set yourself up for success in 2023 with these key money moves from Senior Student Loan Advisors Lauryn Williams, CFP®, CSLP®, and Meagan McGuire (Landress), CSLP®. In today's episode, you'll find out: How to fix your Roth IRA if you've been filing taxes separately Why you can't have outstanding pre-tax accounts in your Roth IRA (or backdoor Roth IRA) How an HSA can lower your student loan payment and fuel your retirement savings How to use income-driven repayment plans to lower your student loan payment When you should amend your tax return Why you shouldn't wait until the last minute to book a consult or file taxes How to take advantage of some uncertainties in the system What to do if you've got a lot of cash laying around Steps to take if you're waiting for the tax-free loan cancellation Whether you'll have tax liability under the new student loan repayment plan Links mentioned: I Bond from Treasury Direct Student Loan Tax Experts 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!

Why the PSLF waiver (that expired last month) isn't really over and the confusing extension to the student loan payment pause are just two recent developments that continue to unfold around student loans. Senior Student Loan Advisors Rob Bertman, CFA, CFP®, and Meagan McGuire (Landress), CSLP®, as well as Student Loan Advisor Sim Terwilliger, CFP®, CSLP®, will walk you through the latest updates that can make or break your student loan repayment plan. In today's episode, you'll find out: Why the PSLF waiver isn't really over The latest extension to the payment freeze What it means to extend the payment pause to 60 days after relief is granted How the delayed payments impact federal student loans How the IDR waiver came about PSLF eligibility under the IDR waiver How to know if you qualify for longer-term forgiveness What to expect in July 2023 for PSLF The PSLF changes that take effect July 1, 2023, and why there's no retroactive credit The impact of consolidating direct loans when working in public service How the weight average payment count will be calculated Why the payment pause is coming at the perfect time 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!

Since March 2020, the student loan pause started a trend of more generosity for borrowers — more generous programs, IDR plans, waivers, PSLF rules and more. But the past couple of weeks have seen judges strike back against many of the student loan initiatives. Learn how a federal judge in Texas struck down the entire student loan cancellation program, how borrowers can benefit from some of the options still out there for student loans, and student loan changes we might see in 2023. In today's episode, you'll find out: How a federal judge in Texas struck down the entire student loan cancellation program What fueled the attack in the Texas cancellation case The major questions doctrine and how it applies here The impact of the Texas ruling on the student loan payment pause Why student loan payments might not resume in January New rules for bankruptcy and student loans 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!

A Texas judge blocked student loan cancellation, effectively stopping it in its tracks. Plus, the midterm elections will have an enormous impact on student loans going forward. Between these two events, you could feel the effects even if you wouldn't benefit from cancellation specifically. I'm diving into the student loan lawsuits, the temporary pause on student loan cancellation, and what will happen when student loan payments resume. In today's episode, you'll find out: Why the Texas lawsuit that blocked student loan cancellation caught many by surprise What happened with the midterms and how it can change student loans going forward Why the Eighth Circuit didn't rule on the lawsuit before the midterm elections How the injunction helped the Texas lawsuit gain traction Why there's a temporary pause on student loan cancellation How the lawsuit gained standing to allow the judge to rule on merit Why more groups and private entities haven't sued over the student loan relief measure How much will student loan defaults spike when payments resume How hard do you go on these programs? Different options the Biden Administration is looking at for student loan forgiveness What the new IDR plan will look like based on the draft release of the rules What's going on with student loan relief 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 IBR plan is supposed to be available by July 2023, but it might not happen as promised. I'm diving into what's causing the delay that could push it out until late 2023 or even July 2024. There are also hot developments going on with student loan cancellation, and I'm sharing new strategies coming down the pipeline based on recent announcements. Plus, I'm taking some listener questions. We've got a lot to cover… are you ready? In today's episode, you'll find out: Why commercially-held FFEL loans don't qualify for Biden's cancellation The easiest path for someone to sue to block Biden's student loan cancellation plan When you should NOT apply for the $20,000 cancellation Why the new IBR plan is being delayed and what it means for borrowers When will the new IBR plan be available New strategies for residency and fellowship Best advice for residents and fellows who are single What to do if you're working for a not-for-profit employer How deferment and forbearance can count in certain cases for PSLF My thoughts about the lawsuit: Do state attorneys general have standing to sue What I think will happen after the election 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!

A brand-new set of rules came out, and I'm diving into these urgent student loan updates to give you the inside track of how it can benefit you. It impacts a narrow group of people, but if you're affected, these most recent changes could be life changing. In today's episode, you'll find out: The new rules for the PSLF program that benefits contractors working for PSLF-eligible organizations How Kaiser Permanente physicians can qualify for PSLF What hold-harmless provisions mean for getting credit during deferment or forbearance Decisions people in residency and fellowship must consider to maximize student loans How to get a second shot at the PSLF waiver The importance of consolidating your loans by May 1, 2023 Why the IDR waiver matters for loans before 2010 Updates on the student loan cancellation lawsuit The strategy being used to block student loan cancellation Cancellation lawsuits vs. non-partisan arguments What's the long-term impact of these student loan changes Could a future president roll back these changes Why you shouldn't stress if you refinanced your student loan Why focusing on growing wealth can help you be excited about your financial future 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 only have until October 31, 2022 to take advantage of the PSLF waiver before it expires. But it isn't too late to apply and get credit! Senior Student Loan Advisor Meagan Landress, CSLP®, and I did a webinar very recently on last-minute application tips for the PSLF waiver, and hundreds of borrowers were there with us. In this episode, we're sharing the top tips from the webinar to help as many borrowers as possible get credit added to their PSLF payment count up until the last possible moment. In today's episode, you'll find out: What has changed with the PSLF waiver What should you do if you have the wrong kind of loans How to consolidate loans for the PSLF waiver Do you have to use the PSLF Help Tool What to do if you can't get a signature from your employer What's the timeline for the PSLF waiver The student loan cancellation lawsuits and what it means Whether time worked in public service before you took out loans counts If contract work for the state or government counts towards PSLF When you need to update your income for IDR What are the benefits of PAYE vs. REPAYE Links mentioned: StudentAid.gov 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

The student loan lawsuits, specifically the State of Nebraska v. Biden et al. suit against the Department of Education, are poised to slow down or stop student loan cancellation. I will cover what might happen and why it matters for many student loan borrowers out there. I also have a few random business updates to share, including how to join one of our Facebook groups and where to find resources on our site that go beyond student loan planning. In today's episode, you'll find out: The lawsuit against the Department of Education that could stop loan cancellation Why I think getting the hearing in front of the Eastern District of Missouri, one of the most conservative districts in the country was intentional The importance of October 23 in student loan debt cancellation Why I think we'll see a super-generous IDR plan if the cancellation is blocked How you can still take advantage of the PSLF waiver despite the looming deadline How to join one of Student Loan Planner®'s Facebook group for Parent PLUS loan forgiveness, teachers, nurses, and other professions Resource update: Qualify for a doctor mortgage and get a quote for disability insurance right from the site Links mentioned: Get help for the PSLF waiver Qualify for a physician home loan Get a quote for disability insurance 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 Conor Mahlmann, CSLP®, one of our newest consultants as he joins Meagan Landress, CSLP®, and Ben Lacomis, CSLP®. Conor joined the Student Loan Planner team back in May and just hit his 300th consult. The team is covering many topics this week — from the changes we've seen, the PSLF waiver, cancellations, and what we hear directly from clients. We're also jumping into student loan updates, so there's a lot of ground to cover. In today's episode, you'll find out: How Conor got into financial planning and what attracted him to student loan planning The most interest student loan strategy case Conor has seen (so far) The skinny on the Biden student loan cancellation What you need to do before October 31 to take advantage of the PSLF waiver Why it's not too late to benefit from the PSLF waiver How long it takes to get your employment certification form signed When double consolidation makes sense What to expect from the timeline for loan forgiveness and cancellation 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!

Student loan decision fatigue is real. With so many options, programs changes, temporary waivers, and more, there's a lot of deadlines to keep track of. What should you be paying attention to? What are you eligible for? Where do you even start? Join me, Sim Terwilliger, CFP®, CSLP®, and Meagan Landress, CSLP®, as we review what you should be thinking about right now. We also share how some borrowers are paying it forward and the best self-care ideas to rejuvenate your mind and body. In today's episode, you'll find out: Why you need to create an FSA (federal student aid) account right now How to know if (and when!) you should consolidate student loans How consolidation can help your PSLF payment count Crucial student loan deadlines you need to pay attention to When to expect a payment tracker for your IDR payment count What the Biden forgiveness plan could mean for you Why we're seeing another wave of people getting PSLF forgiveness How to pay it forward to others The best ideas for self care to rebuild yourself What's coming up next for federal student loans 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!

Emergency Episode #2 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!

6 Republican led states just filed a lawsuit to block student Ioan cancellation, but this could be much bigger and imperil the IDR waiver, the payment pause, and more.

Forgiveness, cancellation, and repayment plans have seen many changes in recent months. But there's more coming — I'm following what the Democrats and the Republicans are proposing for the future of student loans, which could have a big impact on student loans in 2023 and 2024. Listen in as I dive into proposals and a particular bill that is likely to pass in Congress that could help out a small, but important category of student loan borrowers. In today's episode, you'll find out: Listener question: Can I get a refund on payments and still qualify for $10k and $20k cancellation What the cancellation announcement means for your student loans How the Democrat and Republican plans can overhaul student loans How the student loan act would drastically lower interest rates on student loans What the republican bill means and how it could impact current and future borrowers What would the final rule look like if it were codified Refinancing strategies for graduate school loans 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!

Some people simply aren't suited for PSLF, and that's okay. Student loan repayment is all about making decisions that are right for you and your family, and that's what we're talking about today. Join Senior Student Loan Advisor Lauryn Williams, CFP®, CSLP®, as she sits down with Miranda, a physical therapist and real, life student loan borrower who qualified for PSLF but chose to go a different route. In today's episode, you'll find out: Why Miranda gave up loan forgiveness with only two years to go What prompted Miranda to go from a physical therapist to starting her own forgiveness Strategies Miranda uses to lower her adjusted gross income and save for retirement Why borrowers in "the bubble" aren't eligible for Pay As You Earn (PAYE) and what that means for student loan repayment How your borrowing timeline impacts your repayment plan How the tax bomb affects your tax liability in a big way Miranda's thoughts about hearing the numbers behind her student loan repayment choices 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!

We like to prepare student loan borrowers for whatever life throws at you. But even the best laid plans can throw a curve ball. Sim Terwilliger, CFP®, CSLP®, and James Mwombela, CFP®, two of our newest student loan advisors, recently found themselves taking one of those unplanned detours: Challenges along the way to having a baby. Join Lauryn Williams, CFP®, CSLP®, as she talks to the team about breaking the all-too-common silence around fertility and related issues since joining, as Sim puts it, "the club that you didn't ask to join." We'll cover the kinds of wealth that money can't buy and why student loan debt should not derail your family planning plans. In today's episode, you'll find out: Why you delaying having children can have very real consequences for fertility How the journey from discovering a potential fertility problem to diagnosis and treatment can easily run to two years How you can manage student loan debt and start planning for your family at the same time How aggressive student loan pay-off strategies can backfire Why you need to start advocating for yourself with billing and insurance benefits early Hidden costs to consider that might not be covered by insurance How setting cash aside to boost medical coverage can reduce state and federal taxable earned income. Family planning tax strategies that can save you big money How LGBT couples may be eligible for grants to cover adoption expenses. What to say (and what not to say) to friends who may be trying to have a baby How to find happiness when life doesn't go as planned Links related to topics mentioned: RESOLVE: The National Infertility Association Reproductive Facts: Infertility Counseling and Support Kaiser Permanente-Infertility Emotional and Social Support When Miscarriage Ends a Pregnancy: Understanding the Loss and What to Say 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

The Biden Administration announced student loan cancellation, and it's a pretty big deal. But a report was released this past week about potential lawsuits filed against the cancellation. It's a lot to take in, but the outcome could have a huge impact on student loan borrowers. So, I'm breaking down the impact of the cancellation, what could happen if there's a lawsuit, and how it fits together with the PSLF Waiver and IDR Waiver. In today's episode, you'll find out: If the student loan cancellation is struck down, what happens to the current student loan pause What is the risk of a lawsuit Why the new "Biden IDR" plan is a big deal What the new repayment and forgiveness plan does for borrowers How high-income earners with high student loan debt will be impacted How will schools react to the new plan What's going on in the business, a personal update and special thank you to our listeners and readers 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

As PSLF timing issues arise and the deadline approaches for Operation Fresh Start, it's time to get clear on a few things... Join Meagan Landress, CSLP®, our Senior Student Loan Advisor, as she welcomes our newest Student Loan Planner consultant, Ben Lacomis, CSLP®, to the team. Let's get to know Ben and what makes him a unique and valuable asset to the SLP community, then we'll break down the most recent issues and questions regarding the PSLF Program and Operation Fresh Start. In today's episode, you'll find out: Ben's background & What inspired him to become Certified Student Loan Professional (CSLP®) How Operation Fresh Start will help people with loans in default The deadline to apply for Operation Fresh Start's default resolution How PSLF consolidation works What to do if your payment count was restarted to zero Why loan servicers (Mohela and FedLoan) are asking for a W2 alongside employment certification forms The average timeline for PSLF and timing issues we're seeing with the PSLF Waiver Potential reasons why your employment certification form could get rejected What to do if your employment certification form got rejected Tips and advice on submitting a PSLF reconsideration request process Will transferring from FedLoans to Mohela delay my PSLF process Links mentioned: Call the Default Resolution Group at 1-800-621-3115 PSLF Help Tool PSLF Reconsideration Request Form Join a PSLF Facebook Group by Occupation Use our free student loan calculator Manage Your Student Loans (studentaid.gov) 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!

Read "Biden's Student Loan Cancellation and Forgiveness Plan (Fully Updated)" on our blog at https://www.studentloanplanner.com/joe-biden-student-loan-plan

Our very own Lauryn Williams, CFP®, CSLP®, and Sim Terwilliger, CFP®, CSLP®, are tackling case studies of real student loan borrowers. They're factoring in student loan balance, income, expenses, and other factors going on in their lives, giving you an inside look at how best to manage specific scenarios. The dynamic duo also answer frequently asked questions to help you better navigate your student loans. In today's episode, you'll find out: What to consider when you or your spouse wants to stay at home The best tax advantages available to nearly every borrower What is a Roth 401(k) and how does it work The role of community property states in student loans How estate planning fits into your student loan plan Why you need to certify your loans for forgiveness even if you're moving abroad When Total and Permanent Disabilty Discharge comes into play Why you must save for retirement even if you don't plan to stop working Mental health factors to consider in financial planning How to plan for student loans if you want to get married (or are already married) When to throw extra money at student loans and when to save money How to find balance with how you want to live your life 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!

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

Student Loan Planner's very own Meagan Landress, CSLP®, and Sim Terwilliger, CFP®, CSLP®, sit down to discuss the differences between financial planners, financial coaches, and sales representatives. This is an important conversation that will give you more confidence and clarity when it comes to choosing the right professional to trust with your finances! In today's episode, you'll find out: How planners, coaches, and sales reps overlap, and where their roles differ What to consider when you're being marketed insurance products Why the CFP (Certified Financial Planner) is the gold standard designation to look for How these different professionals are compensated (ex. fee only, fiduciary, etc.) How to find an advisor that can specifically help you with your student loans 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

An earth-shattering report about the Public Service Loan Forgiveness (PSLF) program came out a few weeks ago by the National Bureau of Economic Research (NBER). I'm diving in and breaking it down, so you can see just how powerful the PSLF Waiver and IDR Waiver could be if more people knew about it. I'm also sitting down with Taylor, a special guest from the SLP community. As a borrower herself, Taylor's case study illustrates who may or may not benefit from the PSLF or IDR waiver. In today's episode, you'll find out: Why the PSLF report is so shocking (spoiler alert: $145 billion is eligible for immediate forgiveness, but people are missing out – especially teachers) About $8 billion in student loans has been forgiven through the PSLF Waiver The Income-Driven Repayment (IDR) Waiver will see billions more being forgiven, but borrowers are still waiting for that to process before seeing any tangible results Taylor's student loan story How Taylor accumulated her loans while pursuing her undergrad degree Taylor's mix of public and private loans from grad school What to expect from the upcoming IDR Waiver Who is eligible for the PSLF Waiver What holds so many teachers and counselors back from taking advantage of the Waiver My fear about millions missing out on this opportunity How you can do your part to spread our message to more people who need it Link mentioned: Waivers for the Public Service Loan Forgiveness Program: Who Would Benefit from Takeup? 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

Ken Ruggiero, CEO and Co-founder of Ascent, joins me and we look at his unique journey to founding Ascent, a fintech company that applies a holistic lens to the student loan industry. It's the kind of discussion that's full of diverse insight into governmental policy, first-hand knowledge of the student loan industry's long history and the reflections on the outsized power that higher education lobby wields. Learn how Ascent has been honored by the American Bankers Association for its data- and tech-driven approach that also incorporates educational elements to advance financial literacy, life skills and career support. You'll also get a peek into Ken's emphatic advice: If you're struggling to keep up with payments, don't go into denial. Loan providers are there to help you work it out! In today's episode, we're covering: Ken's professional evolution within the student loan sector over the past two decades A complex understanding of the context for FFEL loans How student loan and FFEL restructuring made Ken step away What events propelled Ken's decision to re-enter the student loan market in 2017 How Ascent grew out of a desire to serve students who have no resources, no credit and no support in funding their education Ken's journey of Ascent's loan portfolio performance and forbearance amidst pandemic Why anyone would use a private student loan in today's environment Why private student loan companies like Ascent exist Refinancing and whether it makes sense to renegotiate your loan, including Ken's advice Ken's explanation of the finer points of Parent PLUS and Grad PLUS loans, patterns and shifts in borrowing A back-door method of education funding that parents without resources might try Alternatives to student loans that Ken recommends All about Ascent's Bright Futures Engine that integrates student loans with the preparedness and healthy financial habits for students What is peak season and why it matters Links mentioned: Learn about Ascent's Bright Futures Engine Find Ken on LinkedIn 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

Pretty much everything regarding student loan debt is in flux right now, so it's a perfect time to get the facts straight and bust some misconceptions. Hopefully, this will ease your mind a bit and empower you to get the assistance you need to go after the debt relief you deserve. Join me in this episode as I break down some popular misconceptions about the PSLF Waiver and IDR Waiver programs, as well as a few other pertinent issues and updates around student loan debt relief, interest capitalization, and more. In today's episode, you'll find out: The major benefits of joining an occupation-specific PSLF Facebook group (check out the links below to join one!) How much student debt could be forgiven for teachers, nurses, social workers, etc through the PSLF Waiver Whether the PSLF Waiver is creating more or less inequality in student loan debt The truth about the most common misconception: You can only benefit from PSLF if you have 120 months (10 years) of credit. The specifics about the Department of Education's IDR Waiver and what it means for you What is Biden's newest proposal to change interest capitalization, when it'll go into effect, and how it will affect loan borrowers What you need to know about our pricing changes that go into effect September 1 Links mentioned: Request an IDR and PSLF waiver webinar for your organization Join a PSLF Facebook Group by Occupation Join the PSLF-Eligible Physicians Facebook Group Use our free student loan calculator Manage your student loans at StudentAid.gov) 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

Biden's Student Loan Changes & What They Mean for Your Student Loan Debt The Biden Administration recently came out with a variety of sweeping proposals which are going to impact your student loans in a BIG way. These changes aren't slated to go into effect until July 2023, but they might start even earlier than that. Join me as I break down the new changes to student loans that the Biden Administration proposed and what other changes we can expect from the Department of Education in the near future. In today's episode, you'll find out: How interest capitalization may impact your student loans New changes the Biden Administration made to the PSLF rules How to join our occupation-specific PSLF Facebook group for more support Borrower defense settlement applications, potential benefits and dangers What to do if you feel like your degree gave you no value How the Supreme Court might handle the Borrower Defense settlement Potential updates and impacts of student loan cancellation, payment restart, and more What new information there is about the upcoming IDR Plan Whether these recent changes to student loans will increase the inequality in student loan debt (spoiler: We think so…) If the student loan pause will be extended past August 31st, 2022 Links mentioned: Borrower Defense application Request an IDR and PSLF waiver webinar for your organization 17 Best Physician Home Mortgage Loans in 2022 Use our free student loan calculator Manage Your Student Loans at studentaid.gov 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