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TitreDateDurée
Future of PAYE, SAVE and RAP with Stanley Tate18 Nov 202500:51:21

Listen in as I sit down with my good friend and one of the sharpest legal minds in the student loan world, Stanley Tate. We walk through the latest PSLF battles, what the SAVE-forbearance mess really means for your timeline, and how the coming transition to RAP and old-school IBR could reshape repayment for millions of borrowers. We also get into Parent PLUS landmines, future loan caps, and what all of this means for the next generation of borrowers. You'll learn where the pitfalls are, how to protect yourself, and why most borrowers still have more options than they think.

Key moments:

(05:07) How worried should you be about the new PSLF rules (09:20) The weighted-average credit confusion after consolidation (16:32) The risk of choosing between federal and private student loans is quite high (24:28) SAVE forbearance, recertification delays, and the Parent PLUS trap (43:47) What we're watching in negotiated rulemaking and RAP vs. IBR

Resource mentioned:


Like the show? There are several ways you can help!


Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Reflections on 9 Years of Helping Borrowers11 Nov 202500:41:22

We've hit 400 episodes. That's hundreds of hours helping borrowers make sense of one of the most complicated (and emotional) parts of personal finance. In this milestone episode, I sit down with Lauryn Williams, CFP®, CSLP®, AFC®, one of our longest-serving planners and a key part of SLP since 2018. Together, we look back on how it all started — a spreadsheet that accidentally went viral — and how far we've come since then. We talk about the biggest surprises in today's student loan system, the stories that still move us years later, and where SLP is heading next.

Key moments:

(02:37) How a viral spreadsheet launched a national business

(9:34) From Olympian to planner: Lauryn's journey to helping borrowers with student loan debt

(14:50) The biggest shock about student loans today compared to 2016

(22:00) Client stories that still stick with us

(32:15) Why today's system is simpler—but still not simple enough

(38:54) What's next for SLP: building the SLP Insiders app to bring borrowers together

Resources mentioned:


Like the show? There are several ways you can help!


Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Will 50% of All Grad Programs Close?09 Sep 202500:28:48

There's a controversial and urgent topic we have to talk about: the massive upheaval headed for graduate and professional education financing starting in the fall of 2026. With the recent passage of the "One Big Beautiful Bill Act," federal borrowing for graduate programs will be drastically limited — meaning schools and students are about to face a world of change.

Learn what these new federal borrowing caps could mean for your finances, your career plans, and the future of higher ed. We'll discuss the risk of many degree programs closing, and share ways borrowers like you can prepare.

Key moments:

(01:25) Federal loan limits for new med students drop to $50k annual, $200k lifetime

(09:36) Which programs are likely going to be the hardest hit from these federal loan caps

(17:19) RAP doesn't provide a path to forgiveness for physicians in the private sector at all

(21:26) Lawmakers may rethink the cap when they see the actual economic consequences

Like the show? There are several ways you can help!


Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

The IDR Recertification Time Bomb is Coming03 Sep 202400:16:45

With recertification deadlines for income-driven repayment (IDR) plans being pushed back repeatedly, there's a growing concern that borrowers may be hit with unexpectedly high payments once these delays finally end. This situation is creating what I call the "IDR recertification time bomb."

In today's episode:

03:37 Payments could skyrocket to 10 or even 20 times their current amount 07:03 IDR recertification could lead to chaos if the courts nix the Saving on a Valuable Education (SAVE) plan 13:57 Resources for student loan borrowers to prepare themselves

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

5 Wealth Killers in America30 Aug 202400:42:55

From mounting credit card and auto loan debt to the less obvious pitfalls of inflation and misguided investment choices, Meagan McGuire and Sim Terwilliger unpack the five financial traps they see student loan borrowers falling into.

In today's episode:

01:41 Credit card debt, average balances by generation, and the best defense against growing balances 11:02 Car payments, average loan terms, and the pros and cons of buying vs. leasing 23:14 Unchecked consumerism, the lure of rage-baiting, and the dangers of chasing the status quo 33:32 Inflation and why investing is crucial to staying ahead 38:14 Student loans and the high price of not having the right repayment plan in place

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Bad Student Loan Vibes27 Aug 202400:15:17

As legal battles unfold, student loan borrowers face a wave of uncertainty. In this episode, I'll break down the latest developments from the 8th Circuit Court and explore how their recent rulings could impact the future of student loan forgiveness plans like Saving on a Valuable Education (SAVE).

In today's episode:

02:33 The 8th Circuit Court's decision to halt the 400-page SAVE plan 05:04 My take on why the court may view the Biden administration's actions as illegal 06:58 Could the court challenge the legality of the ICR statute? 13:38 Student loan workarounds and strategies from tax filing tips to PSLF buyback

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

The Portfolio that Fell Out of a Coconut Tree23 Aug 202400:31:59

Ever wondered how politicians invest? Join me and special guest Meagan McGuire as we discuss the portfolios of Vice President Kamala Harris and other political figures. We'll explore the importance of a balanced portfolio and share our personal experiences on the value of seeking professional advice.

In today's episode:

03:33 Kamala Harris's portfolio that Meagan calls "vanilla boringness" 04:58 Senator Clinton's optimized, low-cost, passive investment portfolio 07:11 Speaker Pelosi's net worth and a breakdown of direct indexing 14:54 Trump's investment portfolio, types of holdings and the value of his real estate 21:20 Practical takeaways and lessons from their financial strategies

Link mentioned: Coconut tree meme, explained

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

What is the Student Loan Opt Out?20 Aug 202400:14:01

The latest on the Biden administration's student loan cancellation program includes opt-out provisions that have left many scratching their heads. I'll cover that and explain the legal back-and-forth and endless policy changes of student loan repayment, so you don't have to feel so alone.

In today's episode:

  • 00:36 The 8th Circuit Court ruling means everything about the Saving on a Valuable Education (SAVE) plan is going to stay locked down

  • 05:58 Positive outcomes that benefit borrowers

  • 08:16 The reason behind the opt-out provision (hint: it's not about choosing to opt out)

  • 10:26 Stay positive and focus on financial strategies that you can control


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Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

How to Switch Jobs with Student Loans13 Aug 202400:36:05

Switching jobs is about more than employee benefits and compensation packages when you're a student loan borrower. Student loan advisors Connor Pierce and Jake Courtney explore how federal student loans can adapt to income changes, making them less stressful when contemplating career moves or starting a business.

In today's episode:

(06:10) Analyze Public Service Loan Forgiveness (PSLF) vs. private employer repayment options

(13:29) Calculate hourly pay rate to assess commuting worth

(20:27) Before you switch, check your vesting schedule

(27:36) COBRA coverage and why it might be better than an ACA plan

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Why Pre-COVID Student Loan Rules Are Back (For Now)06 Aug 202400:13:57

The labyrinth of pre-COVID student loan rules are making a dramatic return. I'll explore the Biden administration's key regulations impacting Public Service Loan Forgiveness (PSLF) and income-driven repayment (IDR) plans, the legal battles putting these changes on ice, and what it means for borrowers caught in the middle.

In today's episode:

  • 01:50 Revival of Pay As You Earn (PAYE) and Income-Contingent Repayment (ICR) plans

  • 04:45 PSLF borrowers have less to worry about, plus the "buyback provision"

  • 08:03 Borrowers going for 20 and 25 year forgiveness could switch plans

  • 12:46 The silver lining of choosing to do nothing


Like the show? There are several ways you can help!


Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

The Good, the Bad and the Ugly of Disability Insurance30 Jul 202400:35:58

Dennis Hornsby, licensed insurance agent, joins me to discuss the critical role of disability insurance in protecting your income and lifestyle. He shares his expertise on the advantages of purchasing coverage early to secure lower rates and the ethics of choosing the right broker. If you're a high-income professional or have student debt, you won't want to miss this.

In today's episode:

05:19 Employer-provided group policy vs. one you purchase yourself 12:46 Residency and fellowship disability insurance discounts 19:24 An honest agent will sacrifice commissions to help you save on policy costs 24:36 Every year you wait to buy a policy, your rates can go up $10 to $20 per month

Link mentioned:


Like the show? There are several ways you can help!


Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Independent Multi-Practice Veterinarian on Conquering Ownership Fears23 Jul 202401:02:30

I had an inspiring conversation with Dr. Mike Walker, a veterinary practice owner. Listen is as he shares his journey from graduating vet school in 2017 with significant student loan debt to owning Apollo Vet, a clinic worth between $4 to $5 million today.

In today's episode:

  • 04:46 Preparing financially before starting a business
  • 16:51 Fear of the unknown, business opportunities and financial projections
  • 30:43 The role of mentors in starting a business
  • 40:24 You don't need to be an expert to launch a startup

Links mentioned:Find Dr. Mike Walker on Instagram

Like the show? There are several ways you can help!


Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Emergency Pod: SAVE Plan Blocked19 Jul 202400:10:03

The Saving on a Valuable Education (SAVE) plan is being temporarily blocked by an appeals court, and the whole plan could be in jeopardy. No new sign ups are allowed, but this is not the final word. Here's what you need to know.

What is the Student Loan Refi Ladder Strategy?02 Sep 202500:34:28

The student loan refi ladder is a clever strategy that'll help you tackle your debt without wrecking your cash flow. We haven't talked about this much in recent years because of student loan payment and interest pauses, but with the One Big Beautiful Bill Act stripping protections from federal student loan borrowers, now is the time to decide between loan forgiveness and refinancing.

This episode will help you decide if refinancing — and the refi ladder — is right for you, or if forgiveness is the better path.

Key moments:

(07:55) Who should consider refinancing (and who shouldn't)

(15:14) If you're convinced that paying off your student loans is best, here's what to do first

(17:27) Why the refi ladder strategy helps

(25:42) Overly aggressive payments may hurt your chances for a mortgage or other big purchases

Like the show? There are several ways you can help!


Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

SAVE Plan Could be Toast16 Jul 202400:30:09

The Saving on a Valuable Education (SAVE) plan faces legal heat. Two separate lawsuits, one in Missouri and another in Kansas, each attacking the plan from a different angle. Is the SAVE plan in danger of disappearing? I'll explain what the lawsuits mean for student loan borrowers and why they're a risk to the SAVE plan, so you know exactly what's going on.

In today's episode:

  • 02:04 The Missouri and Kansas lawsuits could go all the way to the Supreme Court
  • 07:17 Progressive groups advocate freezing the student loan system
  • 17:54 My advice for borrowers caught in the middle
  • 24:03 Tax-free forgiveness for borrowers in the private sector expires in 2026

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

PSLF on Pause09 Jul 202400:21:28

Public Service Loan Forgiveness (PSLF) has been on pause since May while servicing transitions away from MOHELA, causing waves. Student Loan Advisors Sim Terwilliger and Sam Silberstein dissect what these shifts mean for borrowers. Learn the new processes for submitting and tracking PSLF forms through StudentAid.gov, the impacts of administrative forbearance, and the long-term outlook for PSLF.

In today's episode:

  • 06:23 How the pause in submissions during May and June affect processing

  • 08:43 When forbearance counts for PSLF forgiveness, and when it doesn't

  • 14:50 Avoid complications by submitting employment certification annually

  • 20:15 Borrowers can audit student loan payment counts


Links mentioned:


Like the show? There are several ways you can help!


Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

SAVE Plan Injunction: What It Means For Student Loan Borrowers28 Jun 202400:35:19

The student loan world continues to change. Looming deadlines are approaching and there is an injunction to the Saving on A Valuable Education (SAVE) plan.

Listen in as student loan experts Kathleen Boyd, CFP®, CSLP® and Lauryn Williams, CFP®, CSLP®, AFC® answer your burning questions. Including factors and considerations for the SAVE plan injunction, Pay As You Earn plan, Income Contingent Repayment plan and IDR waiver.

  • SAVE injunction news
  • SAVE risk tolerance
  • Pay As You Earn final call
  • FAQs: When will forgiveness happen?
  • Why is there an injunction?
  • Should I stay on my student loan repayment plan?
  • Income Contingent Repayment final call
  • ICR and Parent PLUS Borrowers considerations
  • IDR waiver consolidation considerations
  • When will there be more student loan updates?
  • Student loan deadlines to be aware of

Like the show? There are several ways you can help!


Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Last Call for PAYE, ICR and the IDR Waiver25 Jun 202400:32:11

A looming June 30, 2024, deadline means big changes for student loan borrowers. Student loan experts Lauryn Williams and Connor Pierce explain why this is the last call for the IDR waiver, Pay As You Earn (PAYE) plan and Income Contingent Repayment (ICR) plan. Learn what's at stake with these benefits phasing out and how to avoid costly mistakes.

In today's episode:

03:58 Last chance for Pay As You Earn (PAYE) and why it's crucial for professions with escalating incomes

13:30 Income Contingent Repayment (ICR) is going away for borrowers who don't have Parent PLUS loans

20:24 IDR waiver benefits before they expire and why you might need to consolidate your loans before June 30, 2024

30:19 Undergrad borrowers on Saving on a Valuable Education (SAVE) could see their payments drop July 1, 2024

Like the show? There are several ways you can help!


Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Rising Student Loan Interest Rates18 Jun 202400:31:00

Student loan interest rates are on the rise as we head into the 2024-2025 academic year. What does this mean for you? David Aizuss, CSLP®, explores the effect on students, graduates, and parents. Discover how student loan interest rates work and why higher interest rates could change your approach to repayment and forgiveness.

In today's episode:

01:46 New higher interest rates for undergrad, grad school, and Parent PLUS borrowers

08:24 You shouldn't be afraid of student loan interest

16:33 Interest rates don't really matter if you're pursuing Public Service Loan Forgiveness (PSLF)

26:36 Parent PLUS borrowers face significant challenges with the loophole closing

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Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

IDR Sensitive Investing11 Jun 202400:29:43

I'm exploring investment strategies tailored for student loan borrowers, tackling tax challenges, investment allocation, and how specific identification of shares can make all the difference. Plus, I share the link between income-driven repayment (IDR) plans and your investment returns.

In today's episode:

  • 04:25 50% VTSAX and 50% VTIAX for simple investing
  • 10:20 Accumulate losses to offset future capital gains
  • 13:39 Rising interest rates can mean increased itemizing
  • 24:59 Diversified investment strategies for optimal tax efficiency

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

PAYE is Ending: What You Need to Know Now04 Jun 202400:54:16

One of the most beneficial income-driven repayment (IDR) plans will be discontinued on July 1, 2024. Why haven't you heard about Pay As You Earn (PAYE) going away? Because it's not mentioned on StudentAid.gov (as of the date of this podcast), and borrowers have told us they're getting mixed messages from their servicers.

PAYE's discontinuation was buried in the Federal Register, a massive legal document, and it's a huge change for some borrowers. Angie Pack, CSLP®, and Ben Lacomis, CSLP®, unpack what this change means for you.

In today's episode:

05:35 Deciding if PAYE is right for you 16:11 When the new Saving on a Valuable Education (SAVE) plan wins 22:12 PAYE tips for dentists and physicians 44:41 Enrollment deadline is uncertain for PAYE 49:39 How your income shapes the best repayment plan

Like the show? There are several ways you can help!


Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Big Nelnet Problems and Summer Updates28 May 202400:26:06

Listen in as I answer questions from our mailbag, discuss the peculiar happenings at Nelnet, and provide updates on where we stand with student loans in May. We'll start with listener questions about the $12,000 10-year forgiveness option, Parent PLUS loans, and income-driven repayment (IDR) recertification dates. You'll also hear about summer updates like sweeping forgiveness programs, lawsuits trying to block student loan forgiveness, and how the upcoming presidential election could change your student loan payment.

In today's episode:

00:54 Can borrowers get two kinds of forgiveness with one Direct Loan consolidation?

03:28 Will the Parent PLUS double consolidation loophole kick borrowers off the SAVE plan

06:25 Does early IDR recertification change your recertification date?

08:45 What to do if your Parent PLUS payment is more than you can afford

12:54 Nelnet stopped consolidations, causing concern and delays

15:60 The Department of Education should either fund or fire MOHELA

17:45 Student loan policy depends on political control

18:53 The FAFSA fiasco and speculation on resignations

22:17 Summer updates: forgiveness, lawsuits, and student loan policy

Like the show? There are several ways you can help!


Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

A New Graduate's Guide to Student Loan Strategies21 May 202400:38:26

Are you staring at a mountain of student debt, unsure where to begin? Whether you've just tossed your graduation cap in the air or are in the early stages of your career, the key to regaining control lies in choosing a repayment plan that aligns with your financial goals and lifestyle.

Meredith Jones, CSLP®, AFC®, and Connor Pierce DPT, COMT, CMPT, CSLC®, guide you through the benefits of employer-sponsored loan repayment programs, the advantages and pitfalls of various income-driven repayment plans, and how to use these options to maintain financial flexibility.

They also discuss the nuances of integrating student loan management into your broader financial planning, ensuring that your debt doesn't derail your career ambitions. Tune in to take charge of your student loans, potentially saving a significant amount of money and stress post-graduation.

In today's episode, you'll find out:

  • How your debt-to-income ratio can determine the best repayment strategy for your student loans
  • About the tax implications of employer-provided student loan benefits and how they affect their actual value
  • Why employer student loan benefits may require careful evaluation if you're aiming for loan forgiveness
  • Why you don't have to let student loans define your career path
  • How contributions to pre-tax retirement accounts lower adjusted gross income and reduce student loan payments
  • Differences between loan forgiveness timelines of PSLF, New IBR and the SAVE plan
  • Why having a high debt-to-income ratio might make loan forgiveness more beneficial
  • Risks and considerations when refinancing or using a cosigner for student loans
  • How specific repayment plans can unlock interest subsidies and possibly achieve $0 payments
  • How strategic loan consolidation could lead to debt freedom six months earlier
  • Tips to navigate your graduation transition, including mandatory exit counseling

Like the show? There are several ways you can help!


Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

What Really Happens at a Consultation? The Truth Behind Our Student Loan Advice14 May 202400:52:30

Curious about student loan planning? This episode is packed with real-life scenarios, insider knowledge, and practical advice for your student loan journey. Get insight into ambiguous regulations, servicer misinformation and the impact it has on borrowers from Lauryn Williams, CFP®, CSLP®, AFC®, and Justin Kim-Hummel, former client and integral member of the Student Loan Planner team who brings a wealth of experience from his background in PR, graduate studies, and time working on Capitol Hill. Together, they tackle challenges, answer frequently asked questions, and reveal the dedication and care that goes into every consultation. Learn why this is more than just advice. It's about ​​connecting with experts who genuinely care about your financial well-being and student loan success.

In today's episode, you'll find out:

  • Justin's journey from client to becoming a crucial part of the Student Loan Planner team
  • Firsthand insight into why many borrowers are dealing with misinformation and lack of clear guidance from loan services
  • The dangers of following bad advice from student loan servicers
  • Key benefits of booking a consultation for personalized advice and savings
  • How uncertainty surrounding the election can impact student loan policies
  • How to best use the free resources offered by the Student Loan Planner team
  • How the Student Loan Planner team uses office hours to manage client questions and concerns
  • What kind of post-consultation support you get when implementing your custom plan
  • What information you'll need to share with a consultant to get the best advice
  • How a consult can address the unique financial situations of high earners who may not qualify for forgiveness
  • How expenses like credit card debt and housing costs factor into student loan repayment options
  • The limitations of giving advice by email and how the customer support team manages expectations
  • Why you don't have to turn on your camera during a virtual meeting with a consultant
  • How long it takes to get a personalized student loan plan

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

The Unfortunate Reason Why Your Salary Will Probably Go up a Lot This Decade26 Aug 202500:25:30

Big shifts are coming to student loans starting July 2026. If you're carrying six figures of debt or even thinking about grad school, you'll definitely want to hear this one. Unlimited loans are out, so pricey grad programs might not be as easy to join. Sounds scary, right? But this shift could actually work in your favor. Fewer students funneled into certain careers could mean bigger salaries and steadier job security for those who do make it through. Learn what these changes could look like for you, your school, and your paychecks down the road.

Key moments:

(02:49) Loan borrowing caps for students starting grad programs after July 2026

(14:08) We may see grad schools offering discounts, much like undergrad tuition discounting

(17:27) Schools dependent on higher federal loan limits may be forced to close their doors

(18:24) Parent PLUS borrowers must be careful about borrowing before July 2026

(23:27) Affordable in-state and public programs will see a flood of new applications and competition

Like the show? There are several ways you can help!


Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Double Your Profit, Lower Your Stress07 May 202400:26:28

Travis shares the best stress reduction strategies out there for current and aspiring business owners.

Enroll at https://studentloanplanner.com/profit

Credit Card Mastery: Hacks to Leverage Benefits in Your Favor30 Apr 202400:32:10

Get ready to uncover the myths, master the rewards, and smartly amplify your spending power — all while keeping your finances sharp and your debt strategy on point. Whether you're looking to squeeze every last benefit out of your credit card points, contemplating the right card for your business expenses, or simply looking to use your cards more strategically, this episode is a goldmine. Listen in as Meagan McGuire, ChFC®, CSLP®, and Mary Rush, CFP®, CSLP®, talk tricks, tips, and savvy spending with every swipe. Discover how to make every dollar and every point work harder for you.

In today's episode, you'll find out:

  • How to leverage credit cards and credit card rewards to your advantage
  • About the benefits Meagan and Mary have personally enjoyed from credit card rewards programs
  • Why the common belief that carrying a balance improves your credit score is wrong
  • How maintaining a low credit utilization rate can benefit your financial health
  • When and how to utilize 0% balance transfer cards to manage debt effectively strategies for using credit cards as budgeting tools, including how to use statement balances
  • The perks of cashback vs. niche-specific credit cards and which is best for you
  • Why credit cards provide better fraud and travel protection than debit cards
  • Mary's strategy for maximizing rewards with travel and cashback credit cards
  • Meagan's experience with using a credit card for business and the rewards she missed from not using a personal card
  • Details on point conversions of airline miles, cashback and reward points
  • Tips to utilize credit cards for significant expenses like weddings, home improvements or even paying taxes

Like the show? There are several ways you can help!


Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

What Happens After the IDR Waiver?23 Apr 202400:18:11

A timely discussion of what happens as we face down the expiration of the IDR waiver. Will the administration extend it at the last second? We don't know (as of the time of the recording). But one thing is sure: Borrowers can expect seismic shifts as the IDR waiver ends. It's been key to unlocking the forgiveness gates for many, but its flexible counting of nearly any kind of payment toward forgiveness expires at the end of April. We'll recap the IDR waiver and its benefits and explore what happens after the IDR waiver ends. Get clarity about your next steps and the implications of these changes on your student loan repayment journey.

In today's episode, you'll find out:

  • How the end of the IDR waiver impacts borrowers who've been in forbearance or deferment
  • Changes borrowers should prepare for after the IDR waiver expires
  • How borrowers with older loans will suffer the biggest consequences as this program ends
  • Options for maximizing qualifying payment count when consolidating loans
  • Consequences borrowers will face when Pay As You Earn (PAYE) applications close
  • What the precedent of moving borrowers from REPAYE to the SAVE plan means for the future of IDR programs
  • How to calculate the cost-benefit of married filing separately for taxes
  • Tips to navigate the PSLF pause during the transition from MOHELA to the Department of Education
  • What "consolidation Death Valley" is and why it could impact you in May-June 2024
  • Best practices for dealing with the coming uncertainty of student loans

Links mentioned: StudentAid.gov

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Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Roth IRA Disasters to Avoid16 Apr 202400:46:37

Roth IRAs are a highly recommended retirement savings option but it's not all smooth sailing. Student loan repayment, income limitations, and tax filing status can lead you to treacherous waters. Learn the missteps to avoid and how to correct mistakes before they escalate into hefty fines and taxes. Join student loan advisors Meagan McGuire, ChFC®, CSLP®, Sim Terwilliger, CFP®, CSLP®, and Sam Silberstein, CFP®, CSLP®, and explore contribution deadlines, the pro-rata rule, form 8606, the impact of being in a community property state, and how dual-income households should strategize their student loans and retirement savings. If you're tired of cookie-cutter advice, you don't want to miss this episode.

In today's episode, you'll find out:

  • Why lack of profession-specific planning is the biggest mistake you can make in your financial journey
  • The impact of the pro-rata rule when converting traditional IRA funds to Roth IRAs
  • When to contribute to your Roth IRA to maximize your retirement savings
  • Why high-earners might want to contribute to a Roth IRA despite income limits
  • How to fix backdoor Roth IRA issues, including tactics for zeroing out accounts
  • The importance of prioritizing pre-tax savings when you've got student loans
  • How community property states complicate Roth IRAs and what to do about it
  • Dodging extra taxes and penalties is possible if you contributed to a Roth by mistake
  • How side hustlers and independent contractors can leverage Solo 401(k) plans
  • Why income projections are critical to nail the right contributions and keep the IRS happy

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Last Call for the IDR Waiver09 Apr 202400:25:04

It's the last call for the IDR waiver (aka IDR account adjustment). If you've listened to this podcast, you probably know what it is — but if you're not sure how the IDR waiver could benefit you, or if you have questions about PSLF, loan consolidation, or income recertification, this episode is for you.

I'll take you back to the beginning of the IDR waiver and walk you through it to make sure you get the most benefit before it expires on April 30th. You'll also hear answers to listener questions about loan forgiveness and repayment plans and get valuable insights into the upcoming changes in consolidation rules.

In today's episode, you'll find out:

  • The final (final) deadline for the IDR waiver and the need for timely action
  • The hidden strategy behind introducing the PSLF waiver before the IDR waiver
  • Potential benefits of consolidating student loans and crucial considerations to keep in mind
  • How the IDR waiver is a game-changer for borrowers with complex loan histories or multiple loans
  • New options if you're thinking about loan consolidation
  • A key tip for submitting employer certification forms for PSLF credit
  • Why brining up the awkward topic of student loans with your friends could benefit you and your peers
  • Common misconceptions about PSLF and employer certification, including a major myth busted
  • How to find the recertification date for IDR and how to recertify income for income-driven repayment plans
  • Strategies for handling recertification and loan consolidation to align with changes in income
  • The role of HR and the cautious approach taken when attesting to employment details for PSLF
  • How to turn in a new IDR application after loan consolidation

Links mentioned:


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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

The Dept of Education Shifts PSLF Processing from MOHELA: The Real Reason and Borrower Impact04 Apr 202400:08:46

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

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Why Most Borrowers Will Get Forgiveness Now (Even Those With Small Balances)02 Apr 202400:21:39

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

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

MOhela MO Problems26 Mar 202400:32:00

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:


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Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

The Tax Bomb Cliff Is Coming19 Mar 202400:27:57

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

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Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

You Have a New Job. Now What?12 Mar 202400:40:07

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

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

How Much Do Big Ticket Items Cost When You're Doing Forgiveness?19 Aug 202500:08:32

Ever stop and think about how much that new car, kitchen remodel, or shiny toy really costs you — not just in dollars, but in hours, days, or even months of your life? We're digging into what big-ticket spending looks like when you're on an income-driven repayment plan that's already taking 10–15% of your paycheck. We'll show you how to reframe those purchases, so instead of just seeing the sticker price, you see the true impact on your time and future. We'll talk about ways to cut back smartly, snag tax deductions where you can, and still enjoy the things that make you happy… all without derailing your long-term goals. You might love your job or just be pushing through to the next milestone, and either way, this conversation will help you rethink what's worth it, what's not, and how to keep more peace (and cash) in your pocket.

Key moments:

(03:07) Buying stuff to numb the pain of a job you don't like only steals more of your time

(04:52) Sometimes big renovations are a band-aid for deeper stress or emptiness

(06:24) Control housing and car costs, and most financial stress will melt away

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Till Debt Do Us Part05 Mar 202400:37:08

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Emergency pod: IDR Recertification Pause Extended02 Mar 202400:09:41

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

Tips I've Learned as a Business Owner27 Feb 202400:38:31

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

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Tax FAQs from Student Loan Borrowers20 Feb 202400:37:54

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

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Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Which Tik Tok Finance Tips Get You Arrested?13 Feb 202400:26:34

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

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Financially Undressing: A Talk About Your Debt06 Feb 202400:53:48

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

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Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Using Real Estate to Lower Student Loan Payments30 Jan 202400:36:09

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:


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Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Married Filing Separately Traps to Avoid23 Jan 202400:28:07

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

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Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Timeline and Predictions for Student Loans in 202416 Jan 202400:20:32

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


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Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

10 Ways to Save $1,000 in 202409 Jan 202400:30:38

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:


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Mega Listener Mailbag Q&A12 Aug 202500:57:29

Over the past few weeks, we've been collecting your questions, and wow… you did not hold back. We're answering as many as we can fit in one episode, covering topics like forgiveness deadlines, confusing recertification rules, and loan servicers who seem to speak in riddles. You'll hear from people on the brink of PSLF forgiveness, parents in the middle of tricky Parent PLUS double consolidations, and grads wondering if they should act now or wait. If you've been wondering what to do next with your loans, there's a good chance we'll hit on something that helps you figure it out.

Key moments:

(09:25) Will the Big Beautiful Bill impact incoming students in August 2025, or only those who begin in the academic year 2026?

(16:18) Why is my interest growing when MOHELA said it would be 0%?

(28:01) Borrowing after July 2026 locks you into the RAP plan, but you could still qualify for PSLF

(37:44) What happens when your employer refuses to certify qualifying PSLF work

(46:36) The one scenario where paying extra on student loans makes sense

(51:08) How to push your case forward after long delays from your servicer

Resources mentioned:


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Feeling helpless when it comes to your student loans?


Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Your Top 10 Financial Dreams for 202402 Jan 202400:45:42

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

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

What to Know About Student Loans for 202426 Dec 202300:37:29

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:


FinCon Panel Discussion: Insider Advice on Student Loan Repayment, Default, Rehabilitation and Consolidation21 Dec 202300:37:30

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:


Connect with the panelists:

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