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Paying Nothing, Borrowing the Max, and What this Recession Means for Student Loan Policy

Paying Nothing, Borrowing the Max, and What this Recession Means for Student Loan Policy

FromStudent Loan Planner


Paying Nothing, Borrowing the Max, and What this Recession Means for Student Loan Policy

FromStudent Loan Planner

ratings:
Length:
56 minutes
Released:
May 12, 2020
Format:
Podcast episode

Description

Most financial experts are telling you to pay extra on your student loans right now because of the 0% interest rate through the end of September. But I think that’s terrible advice! Find out why and what I think the unintended consequences will be of Congress trying to rescue borrowers amid the coronavirus outbreak. In today’s episode, you'll find out: Why you should pay nothing on your student loans How you could be a victim of a strategic layoff How to lower your payment if you have private student loans Why it’s okay to borrow the max amount of student loans What Congress did to make me think the tax bomb will disappear Some good news about student loan interest rates for next year What matters the most when it comes to student loan repayment Full show notes at: http://studentloanplanner.com/76
Released:
May 12, 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.