Student Loan Planner Alex reveals the financial life and challenges of a marriage and family therapist
Apr 23, 2019
51:45
Alex Barnette is a Licensed Marriage and Family Therapist (LMFT) who graduated from St. Edward’s University in Austin, Texas. She currently has about $115,000 in student loan debt that she’s paying off. She’s also launched her own practice — Alex Barnette Counseling, also located in Austin.
In today’s episode, you'll find out:
- What schooling looks like for someone wanting to be an LMFT
- The breakdown of various license abbreviations in the therapy world
- The tuition to expect in a master’s program to become an LMFT
- How private schools tend to raise their tuition cost every semester
- How Alex handled her student loan debt while working after graduation
- Why agency fees can make it difficult for LMFTs to focus on their student loans
- How Alex took the leap to start her own practice
- The difference between qualifying for Public Service Loan
- Forgiveness and income-driven repayment loan forgiveness
- How getting married can drastically affect your student loan repayment
- Why student loan servicers can be so difficult to deal with
- Alex’s advice on when to seek therapy — and how clients choose what to get out of it
Full show notes at: http://studentloanplanner.com/21