Student Loan Planner

Forgiveness, cancellation, and repayment plans have seen many changes in recent months. But there’s more coming — I’m following what the Democrats and the Republicans are proposing for the future of student loans, which could have a big impact on student loans in 2023 and 2024. Listen in as I dive into proposals and a particular bill that is likely to pass in Congress that could help out a small, but important category of student loan borrowers. In today’s episode, you'll find out: Listener question: Can I get a refund on payments and still qualify for $10k and $20k cancellation What the cancellation announcement means for your student loans How the Democrat and Republican plans can overhaul student loans How the student loan act would drastically lower interest rates on student loans What the republican bill means and how it could impact current and future borrowers What would the final rule look like if it were codified Refinancing strategies for graduate school loans   Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts  Follow on Facebook, Twitter, or LinkedIn   Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Some people simply aren’t suited for PSLF, and that’s okay. Student loan repayment is all about making decisions that are right for you and your family, and that’s what we’re talking about today. Join Senior Student Loan Advisor Lauryn Williams, CFP®, CSLP®, as she sits down with Miranda, a physical therapist and real, life student loan borrower who qualified for PSLF but chose to go a different route. In today’s episode, you'll find out: Why Miranda gave up loan forgiveness with only two years to go What prompted Miranda to go from a physical therapist to starting her own forgiveness Strategies Miranda uses to lower her adjusted gross income and save for retirement Why borrowers in “the bubble” aren’t eligible for Pay As You Earn (PAYE) and what that means for student loan repayment How your borrowing timeline impacts your repayment plan How the tax bomb affects your tax liability in a big way Miranda’s thoughts about hearing the numbers behind her student loan repayment choices   Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts  Follow on Facebook, Twitter, or LinkedIn   Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

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

The Biden Administration announced student loan cancellation, and it’s a pretty big deal. But a report was released this past week about potential lawsuits filed against the cancellation. It’s a lot to take in, but the outcome could have a huge impact on student loan borrowers. So, I’m breaking down the impact of the cancellation, what could happen if there’s a lawsuit, and how it fits together with the PSLF Waiver and IDR Waiver. In today’s episode, you'll find out: If the student loan cancellation is struck down, what happens to the current student loan pause What is the risk of a lawsuit Why the new “Biden IDR” plan is a big deal What the new repayment and forgiveness plan does for borrowers How high-income earners with high student loan debt will be impacted How will schools react to the new plan What’s going on in the business, a personal update and special thank you to our listeners and readers   Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts  Follow on Facebook, Twitter, or LinkedIn   Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan  

As PSLF timing issues arise and the deadline approaches for Operation Fresh Start, it’s time to get clear on a few things... Join Meagan Landress, CSLP®, our Senior Student Loan Advisor, as she welcomes our newest Student Loan Planner consultant, Ben Lacomis, CSLP®, to the team. Let’s get to know Ben and what makes him a unique and valuable asset to the SLP community, then we’ll break down the most recent issues and questions regarding the PSLF Program and Operation Fresh Start. In today’s episode, you'll find out: Ben’s background & What inspired him to become Certified Student Loan Professional (CSLP®) How Operation Fresh Start will help people with loans in default The deadline to apply for Operation Fresh Start’s default resolution How PSLF consolidation works  What to do if your payment count was restarted to zero Why loan servicers (Mohela and FedLoan) are asking for a W2 alongside employment certification forms The average timeline for PSLF and timing issues we’re seeing with the PSLF Waiver Potential reasons why your employment certification form could get rejected  What to do if your employment certification form got rejected Tips and advice on submitting a PSLF reconsideration request process Will transferring from FedLoans to Mohela delay my PSLF process Links mentioned:  Call the Default Resolution Group at 1-800-621-3115 PSLF Help Tool PSLF Reconsideration Request Form Join a PSLF Facebook Group by Occupation Use our free student loan calculator Manage Your Student Loans (studentaid.gov)   Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts  Follow on Facebook, Twitter, or LinkedIn   Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

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

Our very own Lauryn Williams, CFP®, CSLP®, and Sim Terwilliger, CFP®, CSLP®, are tackling case studies of real student loan borrowers. They’re factoring in student loan balance, income, expenses, and other factors going on in their lives, giving you an inside look at how best to manage specific scenarios. The dynamic duo also answer frequently asked questions to help you better navigate your student loans. In today’s episode, you'll find out: What to consider when you or your spouse wants to stay at home The best tax advantages available to nearly every borrower What is a Roth 401(k) and how does it work The role of community property states in student loans How estate planning fits into your student loan plan Why you need to certify your loans for forgiveness even if you’re moving abroad When Total and Permanent Disabilty Discharge comes into play Why you must save for retirement even if you don’t plan to stop working Mental health factors to consider in financial planning How to plan for student loans if you want to get married (or are already married) When to throw extra money at student loans and when to save money How to find balance with how you want to live your life Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts  Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

  Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts  Follow on Facebook, Twitter, or LinkedIn   Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan

Student Loan Planner’s very own Meagan Landress, CSLP®, and Sim Terwilliger, CFP®, CSLP®, sit down to discuss the differences between financial planners, financial coaches, and sales representatives. This is an important conversation that will give you more confidence and clarity when it comes to choosing the right professional to trust with your finances! In today’s episode, you'll find out: How planners, coaches, and sales reps overlap, and where their roles differ What to consider when you’re being marketed insurance products Why the CFP (Certified Financial Planner) is the gold standard designation to look for How these different professionals are compensated (ex. fee only, fiduciary, etc.) How to find an advisor that can specifically help you with your student loans Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts  Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan

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