Episode 76
Paying Nothing, Borrowing the Max, and What this Recession Means for Student Loan Policy
Student Loan Planner · Travis Hornsby
May 12, 202056m 20s
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Show Notes
Most financial experts are telling you to pay extra on your student loans right now because of the 0% interest rate through the end of September. But I think that's terrible advice!
Find out why and what I think the unintended consequences will be of Congress trying to rescue borrowers amid the coronavirus outbreak.
In today's episode, you'll find out:
- Why you should pay nothing on your student loans
- How you could be a victim of a strategic layoff
- How to lower your payment if you have private student loans
- Why it's okay to borrow the max amount of student loans
- What Congress did to make me think the tax bomb will disappear
- Some good news about student loan interest rates for next year
- What matters the most when it comes to student loan repayment
Full show notes at: http://studentloanplanner.com/76