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How Money From Your Employer For Loans Can Hurt You

How Money From Your Employer For Loans Can Hurt You

FromStudent Loan Planner


How Money From Your Employer For Loans Can Hurt You

FromStudent Loan Planner

ratings:
Length:
32 minutes
Released:
Feb 4, 2020
Format:
Podcast episode

Description

Free money from your employer to help pay off your loans is a great idea, right? Wrong! It could be one of the worst employee benefits ever. I’ll break down how this can affect your finances and show you how employer student loan benefits are a bad idea. In today’s episode, you'll find out: Why taking money from your employer for student loans is a trap How a free $100,000 can end up costing you $50,000 The tax consequences of employer-paid student loan payments The effect of employer student loan benefits on PSLF The problem with old-school thought patterns about debt Why “getting your debt to zero” isn’t the best strategy How to get ahead by negotiating employer benefits Full show notes at: http://studentloanplanner.com/62
Released:
Feb 4, 2020
Format:
Podcast episode

Titles in the series (100)

Travis helps you navigate the insane world of student loans, especially if you owe $50,000 to $1 million. If you've ever spent too much time on the phone with your loan servicer, this is the show for you. Every week we share tips on loan forgiveness, investing, crushing debt, and how to get to financial freedom when you owe more than most people's mortgage.