35 min listen
Your interest is not nearly as bad as you think
Your interest is not nearly as bad as you think
ratings:
Length:
55 minutes
Released:
Mar 3, 2020
Format:
Podcast episode
Description
If you’re overwhelmed by the idea of student loan interest raging out of control, this episode is for you. I sat down with our senior student loan consultant, Rob Bertman, CFP®, CFA to dig into the details about why student loan interest isn’t as bad as you think. Bertman has over 15 years’ experience as a financial planner and is the mastermind behind Family Budget Expert. Here’s what he has to say about how interest can impact your student loans. In today’s episode, you'll find out: • Why student loan interest isn’t as bad as you think it is • How student loan interest works • The repayment plan that gets the government to cover some of your interest • Why forbearance is such a terrible idea • How to use an old tax return to lower your student loan payment • Why it’s best to stick with an IDR plan in residency • Why consolidating right after you graduate can be a winning strategy • How the “fighting spouses loophole” can help if you live in a community property state Full show notes at: http://studentloanplanner.com/66
Released:
Mar 3, 2020
Format:
Podcast episode
Titles in the series (100)
The PSLF Snowball Effect: Why is Everyone Getting Rejected for PSLF Right Now? Recent stats for 2018 showed that only 96 borrowers out of more than 28,000 actually received loan forgiveness. No one seems to understand the PSLF program. In fact, the acceptance rate for... by Student Loan Planner