Explorez tous les épisodes du podcast Student Loan Planner
| Titre | Date | Durée | |
|---|---|---|---|
| How Much You Should Borrow for Grad School is Totally Different Now | 28 Apr 2026 | 00:23:24 | |
Graduate and professional school just got a lot trickier to finance. With the One Big Beautiful Bill (OBBB) Act slashing federal loan limits in 2026, figuring out how much you should borrow and whether private loans make sense is a whole different ballgame. We examine old vs. new borrowing math, which degrees might justify taking out private loans, where the ROI completely falls apart, and how the profession you choose could make or break your financial future. Key moments: (01:13) Why borrowing used to function like a 10% “income tax” (04:50) Who benefits from the old system vs. new 2026 rules (06:40) Careers where high borrowing still makes financial sense (10:08) Professions where private loans require careful planning (22:02) Fields where private loans can seriously hurt your finances 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! Mentioned in this episode: Want more? Check out our other podcast Starting to think beyond your student loans? Check out our other show, Financially Free Era. It's about what comes next, investing, building wealth, and designing a life you actually want. Find "Financially Free Era by SLP Wealth" in your podcast app. Tips I Can't Share Publicly Getting our free newsletter? Upgrade your experience and discover student loan loopholes so good, they might get repealed if I talk about them publicly. Find out my very best thought leadership that I really just can't be open about anymore, unfortunately. If you want to get our very best tips, not just the ones that I can share for free. Go to studentloanplanner.com/insider to get a special discount for your year membership. | |||
| Borrower Defense, PSLF Buyback, and IDR Recertification Chaos | 21 Apr 2026 | 00:22:36 | |
We're bringing you a grab-bag of student loan updates you need to know about. Borrower defense letters are finally going out, long-term forgiveness is being processed (sometimes for borrowers who technically shouldn't qualify yet), and the Department of Education is quietly breaking its own IDR recertification timelines. We walk through what's actually happening, what to do if you're affected, and how to stay in control of your payment when the system isn't cooperating. Key moments: (03:16) PSLF buyback and why SAVE calculations are off the table (06:02) Long-term forgiveness is processing, including some surprising cases three years early (13:14) How to revoke tax return consent and take back control of your recertification date (16:52) What to expect when your payment changes after leaving SAVE (20:29) When your loans are incorrectly coded as Parent PLUS and the workaround to get the right payment 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! Mentioned in this episode: Free Student Loan newsletter If you are not already getting our weekly newsletter every Thursday, you are missing out. We break down studio loan news, updates, money tips, all in one helpful newsletter. Sign up for free at https://studentloanplanner.com/newsletter The SLP YouTube Channel If you're more of a visual learner or you like seeing charts, breakdowns, and exploring other topics, check out https://youtube.com/studentloanplanner | |||
| What Will Students and Parents Do This Fall? | 17 Feb 2026 | 00:27:14 | |
Fall 2026 is shaping up to be a financial aid cliff. If you're a grad student, parent of a college student, or a current professional school attendee, the shifts in borrowing limits, repayment plans, and the fate of Grad PLUS loans could seriously affect your finances and your future. Listen in as I answer listener questions and then pivot to the big question: what happens if you (or your kid) take out even one new federal loan after July 2026? Key moments: (00:42) PSLF Buyback: Which tax years might determine your payment? (05:48) The tax-extension strategy to keep a lower IDR payment for another year (11:53) Taking out just one loan after July 2026 blocks you from everything but the RAP plan (15:18) Parents borrowing on behalf of a child face especially bad news (18:23) Should you gamble your financial future? The "retire with defaulted Parent PLUS loans" strategy
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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!
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| Turkey, Tension, and Dodging Drama | 22 Nov 2024 | 00:24:46 | |
The last few weeks have been a lot — election chaos, tensions running high, and now Thanksgiving is knocking on the door. If the thought of sitting at the table with family members who have very different opinions makes you cringe, you're not alone. We've brainstormed tons of fun and unconventional methods to sidestep political tension, avoid unnecessary drama, and maybe even have a little fun. Plus, we'll explore the power of gratitude, the tactical use of distraction, and even a few spicy clap-back comebacks for when things get a bit too heated. Think of it as your guide to surviving the holidays without losing your cool (or your plate of pie). Key moments: (03:16) Turn the table into a stage with over-the-top campaign speeches for the best side dish (05:28) How to keep stressful conversations in check without drawing attention (13:05) Push boundaries with a bold clap-back (or stick to the nod-and-smile technique for a drama-free approach) (20:06) Two ways to handle conspiracy theories: a smooth exit or playful engagement (23:12) A low-key hack for escaping post-meal chaos while earning brownie points Turkey, Tension, and Dodging Drama Like the show? There are several ways you can help!
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| Will Trump Abolish the Department of Education? | 19 Nov 2024 | 00:30:12 | |
It's an unlikely scenario, but the possibility of President Trump abolishing the Department of Education in his second term is a hot topic that's sparked questions and concerns among student loan borrowers. We'll explore what that might mean, unpack the fears and anxieties expressed by our listeners, and provide context around the policy implications. Plus, stick around for our "listener mailbag," where we tackle specific questions and worries that have been pouring into our inboxes. Key moments: 04:31 Republicans' plan is not actually to eliminate the Department of Ed 10:21 How to handle income recertification for IDR plans during job gaps 16:04 Will the discontinued PAYE plan return amid changes? 22:37 Timing actions around the 0% interest period for student loans 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! | |||
| From Coal to Cash: 15 Smart Moves Before the Year Ends | 15 Nov 2024 | 00:28:52 | |
Ready to turn up the heat on your finances before 2024 comes to a close? We've packed this episode with 15 savvy, high-impact financial moves to help you finish the year on top. From maxing out retirement contributions and exploring tax loss harvesting to utilizing backdoor Roth strategies and refinancing high-interest debt, we're covering it all. We'll also discuss year-end must-dos like reviewing your insurance, managing FSA funds, and checking your credit report. Tune in to make the most of the final stretch of 2024 and set yourself up for a strong start in 2025. Key moments: 04:05 Tax-loss harvesting and backdoor Roth IRA can help trim your tax liability 09:47 A personal story on listing income sources to stay in the clear with the IRS 13:40 With interest rates coming down, now might be the perfect time to refinance student loans or your mortgage 17:42 Important tips on updating insurance coverages and taking advantage of open enrollment benefits 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 Next 4 Years of Student Loans: Major Changes Are Coming | 12 Nov 2024 | 00:31:59 | |
With Trump's unexpected victory in the popular vote and key swing states, and a likely Republican majority in Congress, significant changes to student loan policies may be on the horizon. We'll look at possible shifts in Public Service Loan Forgiveness (PSLF) that could make it harder to qualify, and the potential elimination of the Saving on a Valuable Education (SAVE) plan. We'll discuss recent court rulings that could reshape repayment strategies, like the 8th Circuit Court decision on the Income-Contingent Repayment (ICR) statute. We'll also touch on political dynamics influencing these changes, including Republican and Democratic strategies, the implications of past proposals like the Prosper Act, and what borrowers need to consider moving forward. Key moments: 04:18 Likely elimination of the SAVE plan — when should you consider switching to a different repayment option? 08:27 Republicans are making their own IDR plan and how past proposals threatened borrowers 18:42 Loan forgiveness potential might be more generous than we think 24:22 Potential for major policy changes under Trump's second term
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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!
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| Filing Taxes Separately Would Cost Me $12,000 | 08 Nov 2024 | 00:45:42 | |
Could your tax filing status save you thousands on student loan payments? You're about to find out. We're discussing how choosing to file jointly or separately can impact your student loan repayment strategy. You'll hear about real-world scenarios, from high-income couples evaluating their tax implications to the strategic benefits of filing separately in community property states. Plus, we'll explore how recent legislative scrutiny on loan repayment plans could affect your financial planning.
From navigating recertification dates to leveraging tax extensions, you'll gain practical insights that could reshape the way you manage your taxes and student loans.
Key moments:
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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 Taking Out Loans Was Probably Very Smart | 04 Nov 2024 | 00:16:12 | |
Have you ever wished you could give your debt — and even your degree — back? The weight of student loans is no joke, but returning it won't improve your life. The truth? You're underestimating the position you're in. A professional degree offers more job security, higher income potential, and better protection during economic downturns. Stop beating yourself up and start recognizing the smart financial decisions you've made. In today's episode: 05:04 Your career choice might not impact your happiness as much as you think 10:22 Feeling stress and shame? You're in a better position than you think 12:26 Prioritizing happiness and setting healthy financial boundaries
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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! | |||
| New Kid Starter Kit | 01 Nov 2024 | 00:57:07 | |
Bringing a child into the world is one of life's greatest joys — and one of its biggest financial commitments. With so much to consider, it's easy to feel overwhelmed. Learn real-life insights, personal stories, expert advice and practical tips to help make this transition as smooth as possible. Key moments: 09:13 Health insurance coverage, costs, co-pays and coinsurance explained 14:44 How to take parental leave without going broke 20:12 Hidden advantages of pregnancy on your student loan payments 29:18 Balancing life insurance, estate planning and retirement goals
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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 Court Cases Are Not Looking Good | 29 Oct 2024 | 00:25:23 | |
The SAVE lawsuit hearing did NOT go well for borrowers. What happens if SAVE was ruled to be unconstitutional along with the ICR statute? In this episode, we will share more about the challenges the SAVE plan is facing and what borrowers should consider up ahead. Key moments include 01:30 What are the current SAVE lawsuits? 04:50 Student loan uncertainty causing statute confusion 12:35 SAVE plan forbearance considerations 17:38 PSLF real talk and how it is limited to certain groups 21:15 How politicians see student loan repayment plans 22:10 What borrowers should consider up ahead
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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!
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| Beyond the Paycheck: Navigating the Benefits Buffet! | 25 Oct 2024 | 00:43:50 | |
Think you're making the most of your health benefits? It's open enrollment, and we're decoding everything you need to know, from why HSAs are the most overlooked investment vehicle to the surprising perks hiding in your benefits package. In today's episode: 01:58 Making sense of health insurance HMOs, PPOs, high-deductible health plans, and HSAs 20:57 The big issue with group life insurance and disability insurance policies 32:07 Maximizing legal benefits and estate planning protection 36:37 Protecting the whole family with pet insurance
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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!
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| New Grad Tips, Recertification Notices, and Possible Loopholes | 22 Oct 2024 | 00:35:08 | |
If you graduated back in May, your student loan grace period is about to expire. Get the inside track to navigate this new financial responsibility and manage recertification details. You'll also find out the latest updates on forbearance options, hear success stories of borrowers who've benefited from payment recalculations and plan switches, and explore possible loopholes that might emerge if SAVE is repealed. In today's episode: 01:37 New grads must decide on loan repayment plans 11:30 Recertification timelines post-COVID forbearance 21:34 SAVE plan forbearance may be extended 28:52 The "double debt" loophole if SAVE is repealed
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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!
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| First Look at "Beautiful Bill" Regulations | 10 Feb 2026 | 00:26:13 | |
We're taking an early look at the new student loan rules released in January 2026 under the One Big Beautiful Bill Act. Find out why borrowers, especially Parent PLUS families, need to pay close attention. We'll explain which degrees are most affected, how professional and graduate programs are changing for loan purposes, how the RAP plan will impact repayment, and whether private lenders can keep up with demand. Key moments: (02:18) Why these regulations were rushed and what's coming next (04:40) Parent PLUS borrowers face confusing deadlines and inconsistent official guidance (11:57) Who counts as a "professional student" under new loan caps (17:47) The surprising good news on consolidation and forgiveness credit
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| Sleigh Your Spending: 20 Tips to Jingle Your Budget Bells | 18 Oct 2024 | 00:35:39 | |
We're exploring spending and creative shopping tips beyond the age-old advice of setting a holiday budget. Get tips you can actually use to keep your finances in check from Halloween to the new year. In this episode: 01:47 Hidden holiday costs and how to catch up after a really expensive month 12:18 Shopping tips for Halloween candy and costumes and nailing the lowest price on gifts 23:23 Get crafty and frugal with DIY gifts and holiday activities, plus Sim's favorite holiday tip 32:19 Setting expectations with family to lower your stress levels 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 Worst-Case Scenario with SAVE Lawsuits | 15 Oct 2024 | 00:21:53 | |
Imagine a world where the SAVE plan is struck down by the courts, taking various income-driven repayment (IDR) plans with it and leaving millions of borrowers scrambling. This worst-case scenario could block hundreds of thousands from accessing Public Service Loan Forgiveness (PSLF) and introduce massive complications for those on IDR plans. But don't worry, I'll break down this doomsday scenario, discuss its implications, and offer strategies for how you can best prepare. Highlights from this episode: 02:37 Tougher eligibility for PSLF and income-driven repayment 06:33 Key tax strategies (reducing AGI, filing separately, and community property considerations) 09:36 Why I'm not overly concerned just yet 16:51 How to make sure you can still get a spot on the IBR 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!
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| What Is the Internet Saying About $$: Reddit Reactions | 11 Oct 2024 | 00:45:58 | |
Reddit is a valuable yet risky source of information for student loans. Listen in to get actionable advice for real-life scenarios as we react to what people are saying about money online. In today's episode: 10:43 Navigating private loan lawsuits, bankruptcies, and strategic defaults 17:12 Reverse mortgage for a vacation: Good idea or bad move? 27:06 Not every choice is about money 39:32 Seeing friends get married and buy homes is hard if you're not there yet
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| IDR Application is Live Again: What Should You Do? | 08 Oct 2024 | 00:41:33 | |
After months of waiting, the Income-Driven Repayment (IDR) application is live again! But with all the changes, options, and deadlines, where do you start? Learn the steps you should take if you're considering switching repayment plans, the implications for Public Service Loan Forgiveness (PSLF), and how to navigate the updated requirements for loan consolidations and recertifications. In today's episode: 4:37 Application processing, clarifying recertification, and the PSLF buyback 16:16 Double Consolidation advice for Parent PLUS borrowers 20:54 PSLF recertification and confusing payment count updates 34:17 When to consolidate and reasons why you shouldn't Like the show? There are several ways you can help!
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| I'm the Problem: A Convo About Behavioral Finance | 04 Oct 2024 | 00:44:53 | |
We're getting honest about how we can unknowingly sabotage our financial success. We'll break down common behavioral traps like holding onto investments because we've already put money into them (hello, sunk cost fallacy), making decisions based on recent trends (that's recency bias), and following the crowd just because everyone else is (herd mentality). When we can recognize these behaviors, we can stop being the problem and start making better choices with our money. In today's episode: 11:31 A super-easy way to track financial progress 16:42 Our money story and how we grew up shapes how we manage money 21:25 Recency bias affects investment decisions, cyclic trends 37:08 Sunk cost fallacy, herd mentality, and dollar-cost averaging
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| Massive Q&A (Listener Mailbag) | 01 Oct 2024 | 00:50:53 | |
Tackling the real issues you're facing and answering a lot of listener questions that have come in about student loans. We'll chat about the impact of possible political changes on loan forgiveness programs, share tips on managing your loans during servicer transitions, and give advice on everything from autopay issues to whether you should buy property in Hawaii. In today's episode: 00:38 Parent PLUS loan consolidation, Public Service Loan Forgiveness (PSLF), marriage and student loans 17:40 Advice for new graduates, administrative forbearance, early income recertification, PSLF buyback 30:19 Interest accruing during forbearance, PSLF credit for past payments, timing PSLF 41:32 Forgiveness timelines when there's a gap between undergrad and grad loans, interest capitalization Like the show? There are several ways you can help!
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| 12 Steps to Go From Debt-Depressed to Financially Fabulous | 27 Sep 2024 | 00:54:21 | |
Balancing student loans and other financial goals can feel overwhelming, but it's absolutely achievable. We'll guide you through prioritizing your financial goals, from paying off debt to creating a solid foundation with brokerage accounts, retirement planning, and tax strategies for long-term success.
In today's episode:
04:40 Start by building an emergency fund (step 1), making the most of your employer benefits (step 2), and paying off high-interest debt (step 3) 10:48 Next, invest in a brokerage account (step 4), increase your emergency savings (step 5), and secure disability insurance (step 6) 21:53 Max out your health savings or flexible spending accounts (step 7), contribute the maximum to your 401(k), 403(b), or 457 (step 8), and ensure you have life insurance (step 9) 39:56 Finally, contribute the maximum to your Roth IRA, or consider a backdoor Roth IRA if you don't qualify (step 10), grow your brokerage account (step 11), and plan for long-term goals (step 12)
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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 Huge Problem of Payment Caps | 24 Sep 2024 | 00:16:41 | |
Payment caps aren't something most borrowers think about, but they can have a huge impact on anyone using an income-driven repayment (IDR) plan. With ongoing court battles that could reshape repayment options, it's more important than ever to understand what payment caps are, how they work, and why they could mean massive shifts in how borrowers handle their payments and pursue forgiveness.
In today's episode:
01:03 How payment caps work under Saving on a Valuable Education (SAVE), Income-Based repayment (IBR) and Pay As You Earn (PAYE) 06:44 What happens if you can't get on the income-based repayment plan? 11:51 Did the Biden administration's handling of SAVE create more challenges for borrowers? 13:53 The final outcome hinges on Trump or Harris administration decisions
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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! | |||
| Friends Don't Let Friends Skip Leg Day: Finance Edition | 20 Sep 2024 | 00:43:52 | |
Just like physical fitness, financial fitness is key to a healthy life. Discover how personalized financial goals, like a tailored workout plan, can help you build a strong foundation with smart cash flow management, debt control, and a solid emergency savings strategy. In today's episode: 07:41 Cash flow planning makes it easier to balance your income and expenses 16:58 A larger emergency fund allows for a higher deductible, which can lower your insurance premiums 28:30 As life changes, so do your goals, and your savings plan should evolve to keep pace 38:11 Financial planning is most effective when personalized since everyone's situation is so different
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| How Did Student Loans Become So Political? | 17 Sep 2024 | 00:36:59 | |
Student loan forgiveness has been a political hot potato for years, and recent moves by the Biden administration have reignited fierce debates. I'm breaking down the political chess game behind these battles and where things might go from here. In today's episode: 09:24 Regulations unintentionally increased debt balances for borrowers 18:46 The COVID student loan repayment pause triggered a ripple effect 24:48 Transitioning to executive action after not getting support in Congress 31:10 Provoked by benefits, costs, and generous terms, Republicans decided to sue
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| All the Regs That Need to Happen Very Soon | 03 Feb 2026 | 00:17:11 | |
If you feel like student loan policy is stuck in limbo right now, you're not wrong. In this episode, I walk through the mountain of regulations the Department of Education still has to publish very soon if the new repayment system is going to function by July 1. We talk about why schools are scrambling, why borrowers are stuck waiting and how political timing is making everything messier. If you're trying to plan your finances while the rules are still being written, this episode explains what's missing and what's coming. Key moments: (03:06) Degree borrowing limits are creating chaos for schools and students (05:26) Democratic senators demand answers from the Department of Education (12:34) A lot of rules still don't exist for implementing the plan changes (14:01) Why students, schools, and policymakers are all "gambling" right now
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| Are You On Track to Become a Millionaire? | 13 Sep 2024 | 00:33:56 | |
Find out where you stand financially and if you're on track to become a millionaire.
Financial experts Meagan McGuire and Sim Terwilliger explain how to evaluate savings strategies, balance debt with investments, and avoid overspending. You'll also learn how understanding opportunity costs can help shape smarter financial decisions.
In today's episode:
06:16 Calculate your current standard of living to estimate retirement expenses 16:03 Front-load retirement savings early in your career 21:45 Compare interest rates to prioritize debt repayment or investing 32:36 Use Investor.gov's calculator to see where you're at on your savings journey
Link 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! | |||
| Contingency Plans for Your Student Loan Plan | 10 Sep 2024 | 00:42:37 | |
Worried about changes to your student loan payments? It could happen if the Saving on a Valuable Education (SAVE) plan is repealed. Student loan experts Megan McGuire and Sim Terwilliger share how they're advising clients to rethink their repayment approach. In today's episode: 05:24 Parent PLUS loan borrowers need a plan B and plan C 13:44 Fill out a forbearance application to postpone or reduce student loan payments 24:07 Monthly income-driven repayments (IDR) can spike if you don't update your income 31:49 PSLF buyback can give you credit for months that didn't qualify before
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! | |||
| How Tax Advantaged Accounts Help Student Loan Borrowers | 06 Sep 2024 | 00:47:04 | |
Learn how to lower your taxable income and reduce student loan payments by optimizing pretax benefits like 401(k)s, IRAs, Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and more. Financial experts Meagan McGuire and Connor Pierce guide you through these valuable strategies.
In today's episode:
09:18 Strategies for maximizing retirement savings as a sole proprietor 16:49 How to reimburse medical expenses from previous years tax-free 26:07 Why a Roth IRA may be a smart choice for a lower-income tax strategy 34:05 The benefits of filing a tax extension to keep your student loan payment low
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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 IDR Recertification Time Bomb is Coming | 03 Sep 2024 | 00:16:45 | |
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 Like the show? There are several ways you can help!
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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!
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| 5 Wealth Killers in America | 30 Aug 2024 | 00:42:55 | |
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!
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| Bad Student Loan Vibes | 27 Aug 2024 | 00:15:17 | |
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 Like the show? There are several ways you can help!
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| The Portfolio that Fell Out of a Coconut Tree | 23 Aug 2024 | 00:31:59 | |
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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| What is the Student Loan Opt Out? | 20 Aug 2024 | 00:14:01 | |
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:
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| How to Switch Jobs with Student Loans | 13 Aug 2024 | 00:36:05 | |
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 Like the show? There are several ways you can help!
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| Why Pre-COVID Student Loan Rules Are Back (For Now) | 06 Aug 2024 | 00:13:57 | |
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:
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| Parent PLUS Loan Changes for 2026 | 27 Jan 2026 | 00:39:07 | |
Parent PLUS loans are about to get a lot more complicated, and most families have no idea what's coming. In this episode, senior student loan advisor Lauryn Williams, CFP®, CSLP®, AFC®, sits down with student loan expert Janna McKay, AFC®, CSLP®, to break down the biggest changes affecting Parent PLUS borrowers. You'll learn about the end of double consolidation, new repayment access rules, and what the July 2026 deadline really means for forgiveness and Public Service Loan Forgiveness (PSLF). If you're a parent helping kids through college, this episode could save you from a costly mistake. Key moments: (06:38) Why double consolidation is officially dead (and what replaces it) (08:10) Quick clarification for borrowers who don't have Parent PLUS loans (13:38) Real client cases where consolidation mistakes caused major problems (22:43) Why borrowing after July 2026 could permanently block PSLF for parent borrowers (33:18) Legacy provisions for borrowing before July 1, 2026 vs. borrowing after
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| The Good, the Bad and the Ugly of Disability Insurance | 30 Jul 2024 | 00:35:58 | |
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:
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| Independent Multi-Practice Veterinarian on Conquering Ownership Fears | 23 Jul 2024 | 01:02:30 | |
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:
Links mentioned:Find Dr. Mike Walker on Instagram
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| Emergency Pod: SAVE Plan Blocked | 19 Jul 2024 | 00:10:03 | |
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. | |||
| SAVE Plan Could be Toast | 16 Jul 2024 | 00:30:09 | |
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:
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| PSLF on Pause | 09 Jul 2024 | 00:21:28 | |
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:
Links mentioned:
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| SAVE Plan Injunction: What It Means For Student Loan Borrowers | 28 Jun 2024 | 00:35:19 | |
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.
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| Last Call for PAYE, ICR and the IDR Waiver | 25 Jun 2024 | 00:32:11 | |
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
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| Rising Student Loan Interest Rates | 18 Jun 2024 | 00:31:00 | |
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 Like the show? There are several ways you can help!
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| IDR Sensitive Investing | 11 Jun 2024 | 00:29:43 | |
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:
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| PAYE is Ending: What You Need to Know Now | 04 Jun 2024 | 00:54:16 | |
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
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| Your Goals Are Too Polite | 20 Jan 2026 | 00:18:40 | |
Most financial goals sound reasonable, but "socially acceptable" goals are often too polite, and they can quietly sabotage the life you actually want. We dig into how to uncover honest, motivating goals, why Coast FIRE sneaks up on more people than they realize, and how student loans don't have to delay living a meaningful life. If your goals feel safe but uninspiring, this one's for you. Key moments: (03:53) The hidden signs you might already be at Coast FIRE (07:57) What you'd really change if money stress disappeared tomorrow (08:44) Identifying coping habits that block the life you actually want (14:06) Replacing safe goals with honest ones Like the show? There are several ways you can help!
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| Big Nelnet Problems and Summer Updates | 28 May 2024 | 00:26:06 | |
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
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| A New Graduate's Guide to Student Loan Strategies | 21 May 2024 | 00:38:26 | |
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:
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| What Really Happens at a Consultation? The Truth Behind Our Student Loan Advice | 14 May 2024 | 00:52:30 | |
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:
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