Podcasts about parent plus

The Senate just dropped its version of the student loan reform bill, and let's just say… it's not great. In fact, it's worse than expected, especially if you have six-figure student debt, Parent PLUS loans, or are a future student. Learn what's at stake, how it could completely reshape repayment options, and who (besides private lenders) might come out ahead. More importantly, you'll learn what you can do now to protect yourself if the bill moves forward. If student debt is part of your financial life, don't miss this one.   Key moments:   (00:52) SAVE and new IBR borrowers could be forced into old IBR under the Senate bill (02:18) New rules could turn marriage into a major cost for student loan borrowers (02:48) Parent PLUS borrowers face the harshest penalties under this proposed legislation (07:14) Future borrowers need a plan before taking loans after July 2026 under the new rules (09:18) There's still a whole lot that you can do if you're an existing borrower   Links mentioned:   StudentAid.gov - The official federal site for consolidating student loans   Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter 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 Get profession-specific financial planning 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're excited to share the latest episode of Mind the Kids, hosted by Dr. Jane Gilmore (UCL) and Professor Umar Toseeb (University of York). This episode dives into the complex relationship between parenting styles and infant characteristics, exploring whether their influences on child development are simply additive-or something more nuanced. Joined by special guest Dr. Robert Eves (Bielefeld University), we discuss groundbreaking research using large, nationally representative datasets to unpack how parenting and child traits interact. We also break down key theoretical models-like diathesis-stress, vantage sensitivity, and differential susceptibility-in accessible language, with practical takeaways for parents, practitioners, and researchers alike.  Whether you're a parent, academic, or professional in child development, tune in for evidence-based insights and a thoughtful discussion on what really shapes children's outcomes.

In this episode of The Manic Candice Podcast, I dive deep into the overwhelming reality of student loan debt in America — the trillion-dollar crisis that's been trapping generations. I break down the most shocking and little-known facts about repayment, recent policy changes, and how the government is both helping and hurting borrowers. From the SAVE Plan's surprising benefits to the predatory nature of Parent PLUS loans, I cover it all and ask the real questions: Is this system meant to help us, or keep us in debt forever?I also touch on the latest headlines that have social media buzzing. We talk about the ongoing Diddy case and the new testimony from Cassie that's shaking things up. Plus, I give my raw take on the Tory Lanez and Megan Thee Stallion situation — especially after reports surfaced that Tory was stabbed in prison and rushed to the hospital. It's got me asking... did he really shoot Meg? And does Meg even know who did?If you're ready for a thought-provoking, unfiltered conversation on money, the justice system, and the blurred lines of fame, tune in now.- My Email: info@mdmaq.com- Visit my website: www.mdmaq.com

In this episode of the Stuff About Money podcast, Erik Garcia, CFP®, welcomes back longtime guest and college funding expert John Hupalo from MyCollegeCorner.com. As Erik navigates the emotional rollercoaster of planning for his own child's college costs, he brings listeners along for a candid conversation about the realities of paying for school when savings and cash flow aren't enough. From the tension between dreams and debt to that Rodrigue Blue Dog artwork hanging behind John in New York, this episode blends practical advice with real-world emotion. Erik and John dive deep into the differences between federal Parent PLUS loans and private student loans—unpacking the risks, benefits, repayment structures, and emotional consequences of each. They also share smart strategies for comparing options, planning payments, and managing expectations. Whether you're a parent feeling overwhelmed or a financial professional advising clients, this conversation is packed with insight. If you enjoy the episode, follow the show and share it with someone navigating the same road. Episode Highlights: Erik opens up about the emotional and financial challenges of navigating college costs as both a financial advisor and a parent. (01:19) John explains the three ways families can pay for college: saving, cash-flowing, or borrowing—emphasizing this discussion focuses on borrowing options beyond federal student loans. (02:28) Erik and John discuss the potential dangers of Parent PLUS loans and explain why parents must understand the loan structure and long-term implications before committing. (09:30) John shares how private loans differ from Parent PLUS loans, including credit-based underwriting, variable rates, and the absence of origination fees. (17:01) Erik encourages “practicing the payment” as a proactive strategy—making mock loan payments in advance to test affordability before borrowing. (36:29) John suggests reducing market risk by shifting 529 funds to conservative options in advance of college payments. (38:01) They stress the value of planning for contingencies, including hidden risks like a student withdrawing mid-semester, and mention TuitionGuard as a resource to explore. (39:44) Key Quotes: “You just got to really be careful how far you're willing to reach for your, your students' dreams.” - John Hupalo “This is the time to be realistic and throughout the optimism, throughout the pessimism, and get the family together and talk about what can actually happen.” - John Hupalo Resources Mentioned: John Hupalo Invite Education MyCollegeCorner.com Erik Garcia, CFP®, BFA Xavier Angel, CFP®, ChFC, CLTC Plan Wisely Wealth Advisors

In this episode of the Stuff About Money podcast, Erik Garcia, CFP®, welcomes back longtime guest and college funding expert John Hupalo from MyCollegeCorner.com. As Erik navigates the emotional rollercoaster of planning for his own child's college costs, he brings listeners along for a candid conversation about the realities of paying for school when savings and cash flow aren't enough. From the tension between dreams and debt to that Rodrigue Blue Dog artwork hanging behind John in New York, this episode blends practical advice with real-world emotion. Erik and John dive deep into the differences between federal Parent PLUS loans and private student loans—unpacking the risks, benefits, repayment structures, and emotional consequences of each. They also share smart strategies for comparing options, planning payments, and managing expectations. Whether you're a parent feeling overwhelmed or a financial professional advising clients, this conversation is packed with insight. If you enjoy the episode, follow the show and share it with someone navigating the same road. Episode Highlights: Erik opens up about the emotional and financial challenges of navigating college costs as both a financial advisor and a parent. (01:19) John explains the three ways families can pay for college: saving, cash-flowing, or borrowing—emphasizing this discussion focuses on borrowing options beyond federal student loans. (02:28) Erik and John discuss the potential dangers of Parent PLUS loans and explain why parents must understand the loan structure and long-term implications before committing. (09:30) John shares how private loans differ from Parent PLUS loans, including credit-based underwriting, variable rates, and the absence of origination fees. (17:01) Erik encourages “practicing the payment” as a proactive strategy—making mock loan payments in advance to test affordability before borrowing. (36:29) John suggests reducing market risk by shifting 529 funds to conservative options in advance of college payments. (38:01) They stress the value of planning for contingencies, including hidden risks like a student withdrawing mid-semester, and mention TuitionGuard as a resource to explore. (39:44) Key Quotes: “You just got to really be careful how far you're willing to reach for your, your students' dreams.” - John Hupalo “This is the time to be realistic and throughout the optimism, throughout the pessimism, and get the family together and talk about what can actually happen.” - John Hupalo Resources Mentioned: John Hupalo Invite Education MyCollegeCorner.com Erik Garcia, CFP®, BFA Xavier Angel, CFP®, ChFC, CLTC Plan Wisely Wealth Advisors

Are you throwing money away each month and working extra hours just to pay interest? The average American pays $8,000 per year in interest alone. That's $667 every month! But the real cost isn't just the dollars—it's the extra hours you work to pay those bills. In this eye-opening episode, we expose five dangerous debt myths that could be forcing you to work harder than necessary: Why making minimum payments on credit cards could keep you in debt for 22+ years The hidden trap in Parent PLUS loans that could delay your retirement When NOT touching your home equity is actually costing you money The surprising truth about reverse mortgages (they're not always bad!) Why "all debt is bad" thinking might be limiting your wealth-building potential Key Quote: "I realized I was working for my debt instead of having my debt work for me. Once I understood the difference between productive and destructive debt, everything changed." Whether you're carrying credit card balances, considering college funding options, or wondering about your mortgage, this episode will help you identify which debts are holding you back and which might actually help you build wealth—allowing you to work less while achieving better financial outcomes. Ready to rethink your relationship with debt? Connect with us for a complimentary debt strategy session at wealthwisdomfp.com/call   01:24 Meet the Team 02:41 The Cost of Debt in America 07:32 Debt Myth #1: Credit Card Minimum Payments 14:58 Debt Myth #2: Parent Plus Loans 25:59 Debt Myth #3: Mortgage Rates and Home Equity 29:48 Exploring Home Equity Loans 30:08 Comparing Interest Rates and Savings 30:56 Understanding Home Equity Loan Payments 32:41 The Concept of Home Equity Loans 36:31 Reverse Mortgages: Pros and Cons 45:12 Evaluating 401k Loans 48:36 Good Debt vs. Bad Debt 53:12 Bank on Yourself Policy Loans 55:17 Wrapping Up and Final Thoughts   Watch on YouTube here: https://youtu.be/owG5LW26xlo 

Republicans on the House education committee publicly unveiled their plan Tuesday to remake the federal student loan system while also cutting more than $330 billion in federal spending to help offset the cost of extending President Trump's tax cuts.The Republican proposal includes eliminating previous income-contingent loan repayment options and replacing them with one "Repayment Assistance Plan." It also ends the Grad PLUS loan program, sets strict limits on Parent PLUS loans and envisions a new system whereby colleges and universities are forced to reimburse the federal government for a share of the debt when their students fail to repay their loans. NPR's Steve Inskeep talks with Cory Turner.Support NPR and hear every episode of Trump's Terms sponsor-free with NPR+. Sign up at plus.npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Send us a textEver wondered why student loans feel like a black hole of debt?In this episode of 'Women and Money - The Shit We Don't Talk About', we cover the often overwhelming topic of student loans with our guest, Elaine Rubin. Elaine is a bilingual student loan and financial aid expert with more than 15 years of experience in federal and private student aid. Elaine shares her personal experiences with student loan debt, offering strategies for managing loans effectively. This episode covers the pitfalls of taking out too many loans, the importance of long-term planning and budgeting, and the various repayment options available. She also stresses the importance of understanding the terms and conditions of student loans to avoid long-term financial burdens. Many challenges faced by first-generation college students bring heavy impact on women's financial independence, especially when balancing career and family. The episode expands the need for smarter financial decisions and the importance of seeking expert advice to navigate the intricacies of student loans.Listen to this episode to learn about effective strategies for loan repayment, the pros and cons of Parent PLUS loans, and practical advice for managing student loans without sacrificing your financial future. 00:00 Intro05:57 Expert Insights on Student Loans08:37 Elaine's Personal Journey 13:13 Common Mistakes and Strategies for Managing Student Loans16:31 The Impact of Student Loans on Families and Future Planning23:57 Strategizing Loan Repayment25:04 Simplifying Financial Aid26:14 Scholarship Strategies29:06 Advice to My Younger Self32:16 Understanding Loan Interest Rates37:24 Balancing Debt and LifeFollow & connect with us!Facebook PageFacebook groupInstagramTikTokLinkedInYouTubeFollow & Connect with Elaine:Website LinkedInFacebookResourcesHave questions? Click this to check out our expert Q&A for tips from industry experts, tailored to help women address their most common financial concerns. Subscribe to our newsletter to receive financial tips delivered weekly here!Explore our free guides to help you on your financial journey Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/

Are big changes coming to the way we pay for college? In this episode, host Melissa Joy, CFP®, sits down with Ann Garcia, CFP®, and  author of How to Pay for College, to discuss the shifting landscape of higher education. With potential policy changes on the horizon, including modifications to student loans, grants, and university funding, families need to be more strategic than ever in planning for college expenses.Melissa and Ann explore the role of the Department of Education, the impact of proposed Parent PLUS loan eliminations, taxation of scholarships and endowments, and how federal research funding plays a pivotal role in the U.S. economy. Ann provides valuable insights on smart financial planning strategies for families navigating the cost of higher education and shares actionable steps for making informed decisions.Key Takeaways:✅ Potential Changes in Higher Education – How proposed federal policies may impact college affordability and financial aid. ✅ Understanding the Role of the Department of Education – What it funds, why it matters, and what could happen if it's restructured or eliminated. ✅ The Risks of Taxing Scholarships & Endowments – Who could be most affected and why financial aid could become even more limited. ✅ Parent PLUS Loans on the Chopping Block? – The pros and cons of eliminating these loans and what it could mean for families. ✅ Why Research Universities Matter – How federally funded research drives economic growth and innovation, from medical breakthroughs to technological advancements. ✅ Financial Planning for College – Smart strategies for families, including using net price calculators, alternative education pathways, and financial aid negotiations. ✅ The Importance of Open Conversations About Money – How to discuss finances with your kids and prepare them for responsible decision-making.Follow Ann on LinkedIn Learn More About Paying for College  Follow on FacebookThe previous presentation by PEARL PLANNING was intended for general information purposes only. No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING's investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING's current written disclosure Brochure discussing our advisory services and fees is available upon request or at https:...

The IDR and loan consolidation applications are down, repayment plans are shifting, and court rulings are throwing everything into question. If you're feeling stuck, you're not alone. Learn why the Department of Education is reworking the IDR and PSLF applications, what this means for your loan strategy, and how to make smart decisions despite the chaos. We'll also tackle listener questions about PSLF timing, repayment plan changes, and what potential policy shifts could mean for your forgiveness path. Key moments: (04:38) What the court ruling means for PSLF and ICR borrowers (07:16) Will my loans be forgiven? I'm two payments away from forgiveness and not IBR eligible (14:51) Is my income too high to qualify for financial hardship? (19:24) Do my Parent PLUS loans qualify for PSLF forgiveness? (23:06) What is the student loan “tax bomb” and will I have to pay it? Link mentioned:   Request an income-driven repayment plan   Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter 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 Get profession-specific financial planning 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!  

Known for his practical and accessible guidance, Stanley Tate, an expert attorney in student loan law, has become an indispensable resource for student loan borrowers of diverse backgrounds.  In this conversation, Jessica and Brandon dive into the complexities of the student loan debt landscape and its emotional toll on borrowers. From navigating federal, private and Parent PLUS loans, to strategies for finding relief through repayment options and bankruptcy, this episode is packed with expert insights and practical steps you can take to reassess your  decisions regarding student loans, repayment and the ROI of college.Watch this episode in video form on YouTubeLeave us a question in the form of a voicemail You can email us at: thesugardaddypodcast@gmail.comBe sure to connect with us on socials @thesugardaddypodcast we are most active on InstagramLearn more about Brandon and schedule a free 30-minute introductory call with him here: https://www.oakcityfinancial.usNotes from the show:https://www.tateesq.com/https://www.youtube.com/@stanleytate

The clock is ticking on the double consolidation loophole for Parent PLUS Loans, which closes in July 2025. Learn what this change means, why borrowers must act quickly, and how to make the most of the remaining time. We'll tackle the big questions: Should you file taxes jointly or separately? How do Medicare penalties and student loan repayments overlap? And what strategies can help you maximize income-driven repayment (IDR) plans before the loophole disappears? Jared Costigan, CFP®, CSLP®, a financial planner with the SLP Wealth team, shares expert advice on preserving retirement savings, aligning Social Security with loan repayment, and leveraging Public Service Loan Forgiveness (PSLF). Key moments: (05:16) Parent PLUS debt surged 63% from 2015 to 2022 as the cost of college climbs (9:19)  The double consolidation loophole could save you from paying 20% of your retirement income (19:38) Who benefits most from a double consolidation? Borrowers with balances nearing or exceeding their income (27:56) Income planning ties Social Security and loans to retirement timing — don't overlook it (37:32) Filing taxes separately can lower loan payments but may raise Medicare costs Links mentioned:    Financially Free Physicians podcast Department of Education Parent PLUS Loans Parent PLUS Double Consolidation Loophole Guide for 2025   Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter 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 Get profession-specific financial planning 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!  

In recent years, there has been plenty of talk about the burden of paying for a college education, and student loan forgiveness has been a hot topic. If it's in the news, then weighing on the minds of our clients. That's why we're so grateful to have Mark Kenney, CERTIFIED FINANCIAL PLANNER and CERTIFIED TAX SPECIALIST here at SHP Financial. With college tuition soaring, preparing for your children's or grandchildren's education is more important than ever. In our conversation, you'll learn some shocking truths about how much student loan debt is being carried in the US, which assets are included in FAFSA's (Federal Application for Student Aid) calculations, and which aren't, and 529 accounts are a great way to save for college education.  In this podcast interview, you'll learn: Why most of the $1.75 trillion in student loan debt is being carried by people over 60 years of age. How to differentiate between the assets that are included and excluded in FAFSA applications. Some of the myths about 529 accounts and why they're an important part of a college education plan. The eligibility requirements, interest rates and repayment terms of Parent PLUS loans. Mark's advice on how to decide between helping to pay for college education vs leaving a legacy with your investments. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Seniors, are you working on your Common Application? Host Ian Fisher will be interviewing colleague Kristine Sawicki, formerly of Stanford University, about how to make your Common Application shine. We have something for your sophomores and juniors too! You may be wondering how to make the most of high school. We'll be addressing purposeful goal setting instead of just wish making. And parents, are you looking for an out in repaying Parent PLUS or cosigned private loans? It's not easy…but we'll talk about the few ways it might be possible.

Attorney Rae Kaplan of Kaplan Law Firm joins Jon Hansen to discuss eligibility for student loan forgiveness for Parent PLUS loans. Rae shares the story of a listener who had been paying his children’s loans for about 20 years and has recently gotten those loans forgiven due to his ineligibility to work.

After months of waiting, the Income-Driven Repayment (IDR) application is live again! But with all the changes, options, and deadlines, where do you start? Learn the steps you should take if you're considering switching repayment plans, the implications for Public Service Loan Forgiveness (PSLF), and how to navigate the updated requirements for loan consolidations and recertifications.  In today's episode: 4:37 Application processing, clarifying recertification, and the PSLF buyback 16:16 Double Consolidation advice for Parent PLUS borrowers 20:54 PSLF recertification and confusing payment count updates 34:17 When to consolidate and reasons why you shouldn't Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter 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 Get profession-specific financial planning   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!  

Tackling the real issues you're facing and answering a lot of listener questions that have come in about student loans. We'll chat about the impact of possible political changes on loan forgiveness programs, share tips on managing your loans during servicer transitions, and give advice on everything from autopay issues to whether you should buy property in Hawaii. In today's episode: 00:38 Parent PLUS loan consolidation, Public Service Loan Forgiveness (PSLF), marriage and student loans 17:40 Advice for new graduates, administrative forbearance, early income recertification, PSLF buyback 30:19 Interest accruing during forbearance, PSLF credit for past payments, timing PSLF 41:32 Forgiveness timelines when there's a gap between undergrad and grad loans, interest capitalization Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter 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 Get profession-specific financial planning   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!  

In this episode of the Money Mastery Unleashed Podcast, host Adam Olson welcomes special guest David Gourley, a former high school math teacher who has transitioned into financial services. David brings a wealth of experience in student loan planning, having helped over 500 clients navigate the complex landscape of student loans, saving them more than $15 million in loan forgiveness. As a Certified Student Loan Professional (CSLP), David has become a trusted advisor, specializing in helping individuals and families reduce their financial burden through student loan and financial planning strategies. Throughout the conversation, David shares his journey from teaching to financial planning, explaining how his passion for helping fellow educators manage their finances led him to specialize in student loans. He discusses the changing rules around student loans and offers insight into key programs like Public Service Loan Forgiveness (PSLF) and Parent PLUS loans. Listeners will learn about the critical distinctions between various loan repayment plans, as well as strategies for navigating these systems to maximize savings. Whether you're a parent considering loans for your child's education, a student facing debt, or someone already navigating repayment, this episode provides essential advice. David also highlights the importance of consulting with a certified professional to ensure you're not leaving money on the table. If you have student loans, this episode is packed with practical tips and insights that could make a significant difference in your financial future. “Student loans are a quick-changing landscape, and what worked a few years ago might not work today.” Key Takeaways: Student loan planning Public Service Loan Forgiveness (PSLF) Double consolidation strategy Advice to young borrowers Learn more about David Gourley by visiting the following links: k12 Planning Linktr.ee LinkedIn David Linktr.ee Learn more about Adam Olson by visiting the following links: Facebook Personal Website Business Website -- Investing involves risk, including loss of principal.    Be sure to understand the benefits and limitations of your available options and consider all factors prior to making any financial decisions.  Any strategies discussed may not be suitable for everyone.  Securities and advisory services offered through Mutual of Omaha Investor Services, Inc. Member FINRA/SIPC.  Adam Olson, Representative.  Mutual of Omaha Investor Services is not affiliated with any entity listed herein.  This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. Mutual of Omaha Investor Services and its representatives do not offer legal or tax advice. The information presented is subject to change without notice and is not intended as an offer or solicitation with respect to the purchase or sale of any security or insurance product. Mutual of Omaha Investor Services and its various affiliates do not endorse or adopt comments posted by third parties.  Comments posted by third parties are their own and may not be representative or indicative of other's opinions, views, and experiences.

Worried about changes to your student loan payments? It could happen if the Saving on a Valuable Education (SAVE) plan is repealed. Student loan experts Megan McGuire and Sim Terwilliger share how they're advising clients to rethink their repayment approach. In today's episode: 05:24 Parent PLUS loan borrowers need a plan B and plan C 13:44 Fill out a forbearance application to postpone or reduce student loan payments 24:07 Monthly income-driven repayments (IDR) can spike if you don't update your income 31:49 PSLF buyback can give you credit for months that didn't qualify before   Link mentioned:  SAVE Plan Court Actions: Impact on Borrowers   Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter 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 Get profession-specific financial planning 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!  

Seniors, are you working on your Common Application? Host Ian Fisher will be interviewing colleague Kristine Sawicki, formerly of Stanford University, about how to make your Common Application shine. We have something for your sophomores and juniors too! You may be wondering how to make the most of high school. We'll be addressing purposeful goal setting instead of just wish making. And parents, are you looking for an out in repaying Parent PLUS or cosigned private loans? It's not easy…but we'll talk about the few ways it might be possible.

A looming June 30, 2024, deadline means big changes for student loan borrowers. Student loan experts Lauryn Williams and Connor Pierce explain why this is the last call for the IDR waiver, Pay As You Earn (PAYE) plan and Income Contingent Repayment (ICR) plan. Learn what's at stake with these benefits phasing out and how to avoid costly mistakes. In today's episode: 03:58 Last chance for Pay As You Earn (PAYE) and why it's crucial for professions with escalating incomes 13:30 Income Contingent Repayment (ICR) is going away for borrowers who don't have Parent PLUS loans 20:24 IDR waiver benefits before they expire and why you might need to consolidate your loans before June 30, 2024 30:19 Undergrad borrowers on Saving on a Valuable Education (SAVE) could see their payments drop July 1, 2024   Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter 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 Get profession-specific financial planning   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!  

Student loan interest rates are on the rise as we head into the 2024-2025 academic year. What does this mean for you? David Aizuss, CSLP®, explores the effect on students, graduates, and parents. Discover how student loan interest rates work and why higher interest rates could change your approach to repayment and forgiveness. In today's episode: 01:46 New higher interest rates for undergrad, grad school, and Parent PLUS borrowers 08:24 You shouldn't be afraid of student loan interest 16:33 Interest rates don't really matter if you're pursuing Public Service Loan Forgiveness (PSLF)  26:36 Parent PLUS borrowers face significant challenges with the loophole closing Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter 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 Get profession-specific financial planning   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!  

Listen in as I answer questions from our mailbag, discuss the peculiar happenings at Nelnet, and provide updates on where we stand with student loans in May. We'll start with listener questions about the $12,000 10-year forgiveness option, Parent PLUS loans, and income-driven repayment (IDR) recertification dates. You'll also hear about summer updates like sweeping forgiveness programs, lawsuits trying to block student loan forgiveness, and how the upcoming presidential election could change your student loan payment.  In today's episode: 00:54 Can borrowers get two kinds of forgiveness with one Direct Loan consolidation? 03:28 Will the Parent PLUS double consolidation loophole kick borrowers off the SAVE plan? 06:25 Does early IDR recertification change your recertification date? 08:45 What to do if your Parent PLUS payment is more than you can afford 12:54 Nelnet stopped consolidations, causing concern and delays 15:60 The Department of Education should either fund or fire MOHELA 17:45 Student loan policy depends on political control 18:53 The FAFSA fiasco and speculation on resignations 22:17 Summer updates: forgiveness, lawsuits, and student loan policy   Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter 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 Get profession-specific financial planning   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!  

Today's episode is a conversation between 2 fathers who also are business owners. Alex owns a marketing agency whom I met when I first got into the coaching industry back in 2018. We've both got kids so we chat around all the joys and challenges that come with building a business along side them. You can find more about Alex at:   Instagram @tothemoondigital   Make sure you subscribe to my podcast to stay up to date with episodes I release every week.   If you loved this episode, I'd be super grateful if you could leave me a review which helps me spread this podcast out to more amazing people just like you :)   HERE'S WHERE YOU CAN FOLLOW ME: Instagram: @luke_page Join our 6 Figure Coaches Facebook group: https://www.facebook.com/groups/coachingbizsecrets WATCH THE 3 STEPS TO HITTING $10k MONTHS AS A COACH - The specific strategy you can use to start hitting $10k months, month after month. https://www.lukepage.com.au/10k 10 (VERY NON SALESY) SALES SCRIPTS - 10 FREE, 1 liner scripts you can use to ask your audience to get more leads and clients. Perfect for your stories, posts, DM's and emails.  https://go.lukepage.com.au/sales_scripts   9 INSTAGRAM BIO MISTAKES THAT ARE COSTING YOU FOLLOWERS AND CLIENTS - A FREE Step By Step Guide on The Best Way To Set Up Your Instagram Profile So You Can Attract a Ton More Followers + Clients https://go.lukepage.com.au/bio_mistakes    

President Joe Biden and former President Donald Trump made competing visits to the border Thursday.More than 100 Palestinians were killed when Israeli troops opened fire on people waiting for food.USA TODAY National Correspondent Chris Kenning reports on the potential impact of new voting laws in North Carolina.The Pentagon classified document leak suspect is expected to plead guilty Monday.USA TODAY Money and Personal Finance Reporter Medora Lee talks about a loophole for Parent PLUS loan holders.Episode Transcript available hereAlso available at art19.com/shows/5-ThingsSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

I've seen clients struggle with student loans since I first started financial coaching 15 years ago. And with all the recent changes in student loan forgiveness rules, I knew I wanted to share more on the podcast so coaches were better informed when working with clients.But I also knew my own limits. I'm not an expert in student loan forgiveness, David Gourley, a Financial Coach Academy® alum, is.This week on the podcast, David is sharing his knowledge on loan forgiveness, how to translate some of your student loan data, why some loans are being forgiven and others aren't, why it's important to take action, what to watch out for with your Parent PLUS loan, and more.Even if you don't coach clients on student loan forgiveness, knowledge is power. Knowing where to turn for help or where to refer your clients to is incredibly important.Links & Resources:Teach Plan RetireConnect with David on LinkedInFollow David on X

As 2023 comes to an end, it's the perfect time to think about smart student loan moves you should make in 2024. First, I answer listener questions about administrative forbearance, consolidating loans, tactics for keeping student loan payments low, in-school deferment waivers and more. I'm not just helping you prepare for the upcoming shifts in student loan repayment plans, I'm also looping you in on tax advantages, smart deferment methods and common payment pitfalls that might have slipped under your radar. Get ready to step into the New Year with valuable insights and a solid game plan for your student loans. In today's episode, you'll find out: Does administrative forbearance count for PSLF and IDR Can you get a refund for payments made while in administrative forbearance How to keep your student loan payment low (and how NOT to) How the 2024 presidential election results might impact student loan repayment When it makes sense to consolidate your loans after the IDR waiver What child-dependent tax credits you lose when you're married but filing separately What professions could use an in-school deferment waiver or SAVE plan strategy Why you need to beware of the FSA payment tracker and forgiveness dates The importance of gathering your payment history and payment count The signup deadline for PAYE plans How to get ahead on Parent PLUS double consolidation applications What to do when administrative forbearances end 
Links mentioned:  Need help with taxes? Get answers with our tax team Have questions about being married and filing taxes separately? Book a call now! Check out our doctor mortgage calculator

Whether navigating the post-graduation grace period, exploring new repayment options, or looking to supercharge your loan payoff, this episode is jam-packed with practical advice to help you take charge of your financial journey.  Hosts James Mwombela, CFP®, CSLP®, Rebecca Baldauf, Jake Courtney and Sam Silberstein deliver a wealth of insights for effectively managing student loans. No matter where you are in your career, you'll walk away with actionable tips and the latest strategies to confidently tackle your student loan debt.  In today's episode, you'll find out: The financial benefits of paying during the grace period to minimize interest accumulation How consolidating loans after graduation can be smart, especially if your past income was more 'ramen diet' than 'caviar dreams' The value of a student loan planner in creating personalized repayment strategies that align with your career ambitions and financial situation How returning to school could enhance career prospects and open doors to loan forgiveness Potential upcoming improvements in income-driven repayment plans Insights on managing student loans with strategic considerations for prioritizing private student loans  The date Parent PLUS loans need to know for access to lower monthly payments How claiming student loan interest deductions affects your AGI Why avoiding forbearance is crucial when aiming for loan forgiveness The role of the debt avalanche method and current considerations for refinancing student loans How targeting high-interest student loans first can be a strategic move for repayment The ins and outs of the 12-month ramp-up period for borrowers struggling to make payments The benefits of an income-driven repayment plan as an alternative to default 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  Subscribe to the newsletter   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  

Time is running out for the IDR Account Adjustment. The so-called “IDR Waiver” is the biggest backdoor student loan forgiveness program in history, and it's ending in less than 30 days. Learn exactly what the IDR Waiver is, the steps you need to take to take advantage of it, and how it could give you immediate forgiveness even if you didn't know you were eligible for it. I'll clarify some common misconceptions about the Waiver and shed some light on potential regrets for those who miss the deadline. Then, we'll explore how student loan repayment will change after the IDR Waiver ends, what borrowers are getting wrong about the SAVE plan, and why getting expert guidance is even more critical in a post-IDR Waiver world.  In today's episode, you'll find out: The IDR waiver's historic significance in student loan forgiveness How to get credit for forbearance and repayment plans before the deadline slips away Eligibility criteria to maximize benefits of forgiveness How the IDR Waiver transforms older loans into forgiveness superheroes Forgiveness eligibility of the IDR Waiver vs. the PSLF Waiver When the forgiveness date tracker will be available from the Department of Education Potential discrepancies in forgiveness payment count accuracy from the Department of Education How long you'll have to wait for a payment count adjustment after the IDR Waiver What to do if you're on the SAVE and PAYE income-driven repayment plan Misconceptions about the SAVE plan's interest payments The best strategies for post-IDR Waiver student loan repayment  Common borrower challenges, including filing taxes separately, navigating PAYE repayment plans and consolidation issues for Parent PLUS loans Links mentioned:  Payment Count Adjustments SAVE Repayment Plan Biden-Harris Administration IDR Announcement   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  Subscribe to the newsletter   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!

College funding isn't everyone's favorite topic. However, the reality of higher education costs requires a proactive approach. If you've been diligently saving for years or are realizing the urgency to start now, valuable insight awaits you in this episode. Join our host, Meagan McGuire, CSLP®, as she sits down with Student Loan Advisors Derenda King, CFP®, CSLP®, and Rebecca Baldauf, CPA, CCFC. Together, they share proven strategies and insider tips to bridge the gap between savings and college expenses. Listen in to get the expert guidance you need to navigate the choppy waters of college funding.   In today's episode, you'll find out:   The rising education costs and its ripple effects on families and finances The ins and outs of student loan consolidation, plus little-known forgiveness strategies How a 529 savings plan offers flexible college funding without sacrificing other financial goals Tax benefits and implications of using retirement accounts to save for college expenses How the Student Aid Index factors into how much you'll pay for college Whether it's legal and ethical to adjust assets to influence the financial aid equation Potential pitfalls and considerations before taking out Parent PLUS loans How to make the most of the time you have left to save for college   Links mentioned:    Collegiate Financial Coach Higher Ed Hustle 529 College Savings Plans What is the Student Aid Index (SAI)?   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  Subscribe to the newsletter 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!

Navigating the maze of family finances isn't for the faint of heart, especially when student loans are part of your story. Get ready to reshape your financial future with insights tailored specifically for parents. Our expert Student Loan Advisors Lauryn Williams, CFP®, CSLP®, and Sim Terwilliger, CFP®, CSLP®, bring their expertise directly to you, offering practical, actionable advice that goes beyond the basics. This episode is packed with essential knowledge of FMLA, disability benefits, and savvy tax strategies, all designed to elevate your money management skills as a parent. In today's episode, you'll find out: How to navigate the complexities of parental leave deferment for Stafford loans pre-July 1993 Empowering tips for expectant and new moms about support and creating cherished moments The essentials of FMLA and short term disability for new parents Innovative strategies for using 529 plans and managing Parent PLUS loans for your child's education Tips for managing family size changes and parental leave The best place to stash your emergency fund How to optimize your parental leave by staggering benefits How to decode tax implications and access credits for new parents The connection between maternity leave, disability, and effective student loan    Links mentioned: Family Medical Leave Act Ally Bank high-yield savings Capital One high-yield savings   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  Subscribe to the newsletter   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!  

Millions of student-loan borrowers who took out Parent Plus loans weren't included in the Biden administration's new income-driven repayment options. WSJ personal-finance reporter Julia Carpenter joins host J.R. Whalen to discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, we're talking about how parents help finance their kid's education. Specifically, we're going to discuss Parent PLUS loans and how they impact millions of Americans hoping to retire. Americans above the age of 60 are drowning in student loan debt, both their own and that of their kids. The number of people over the age of 60 who have student loan debt has sextupled since 2004, now at $125 billion. Part of that debt is made of Parent PLUS loans: loans taken out by parents to help students. 3.7 million people of varying ages owe $108.5 billion in Parent PLUS debt. If you're one of those parents, there's stuff you need to know. Because some options you now have to deal with PLUS loans will soon be going away. It's so serious, it's being called the PLUS loan cliff. Sounds ominous! Host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. Today's guest is Travis Hornsby, the founder and CEO of Student Loan Planner. He's going to help us navigate this confusing topic and tell us how to handle this debt. Before we start, remember: We're not offering financial advice. So make sure to do your own research and consult your own experts before acting on anything you learn here. It's also important to note that Miranda has a freelance relationship with Student Loan Planner. She provides content for them on a contract basis. You can listen to the podcast wherever you get your podcasts: Listen on Apple PodcastsListen on Google PodcastsListen on SpotifyLet's talk about paying for college Parent PLUS loans are a type of Direct loan. When loans for undergraduate students fall short of meeting funding needs, Parent PLUS loans can fill the gap. The student loan system is complicated, and it's important to understand how you can pay for college, whether you get loans or not. Here's more information about student loans and paying for college, including ideas for getting a better return for your tuition buck in terms of jobs. What to Know About Student Loans Before You Borrow7 Ways to Get Free Money for College5 College Majors With the Worst Employment Rates — and 5 With the BestTop 20 Colleges and Universities That Hire for Flexible Jobs10 Colleges Where Tuition Is Free10 Things College Students Should Learn About MoneyGood Jobs That Don't Require a College Degree9 Colleges That Offer Free Tuition for Seniors8 Ivy League Colleges That Offer Free Online CoursesFree College Courses for Seniors in Every StateCan't Afford a College Degree? Consider Certification and a New JobWhat you need to know about student loans, including Parent PLUS loans Student loan debt can feel overwhelming. However, there are programs for forgiveness. It's also important to understand the difference between private and federal student loans. Here are some resources you can use to learn more, both on Money Talks News and on other websites. 13 States That Could Tax Forgiven College Loans11 Ways to Pay Off Student Loans Fast5 Ways to Avoid Drowning in Student Loan Debt if You Drop Out of CollegeHow to Get Free Help With Your Student LoansHow to Prepare for the Parent PLUS Cliff in 2025 (Miranda's article for Student Loan Planner)Parent PLUS Loans: You might be eligible, but should you take one? (Miranda's article for Britannica Money)Federal loans vs. private loans: Understanding student loan issuer types (Miranda's article for Britannica Money)Federal student loans: Subsidized vs. unsubsidized loans (Miranda's article for Britannica Money)Meet this week's guest, Travis Hornsby Travis Hornsby is a speaker and the founder of Student Loan Planner, which he launched after helping his physician wife navigate ridiculously complex student loan repayment decisions. To date, Student Loan Planner has consulted on over $1 billion in student debt. Travis is a Chartered Financial Analyst and brings his background as a former bond trader trading billions of dollars. Trying to solve the student loan crisis brought him out of his first retirement at the age of 25. He brings that same intensity to analyzing the best repayment paths for graduate degree professionals with six figures of student debt. Travis and his team have helped over 13,000+ clients save over $783 million dollars on their student loans, and he's been featured in NPR, New York Times, Bloomberg, U.S. News, Business Insider, Forbes, Rolling Stone, ChooseFi, Bigger Pockets, Money, and more. WebsitePodcastInstagramTikTokTwitterDon't listen to podcasts? A podcast is basically a radio show you can listen to anywhere and anytime, either by downloading it to your smartphone or by listening online. They're awesome for learning stuff and being entertained when you're in the car, doing chores, jogging or riding your bicycle. You can listen to our latest podcasts here or download them to your phone from any number of places, including Apple, Spotify, RadioPublic, Stitcher and RSS. If you haven't listened to our podcast yet, give it a try, then subscribe. You'll be glad you did! About the hosts Stacy Johnson founded Money Talks News in 1991. He's a CPA, and he has also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate. Miranda Marquit, MBA, is a financial expert, writer and speaker. She's been covering personal finance and investing topics for almost 20 years. When not writing and podcasting, she enjoys travel, reading and the outdoors.Become a member: https://www.moneytalksnews.com/members/See omnystudio.com/listener for privacy information.

The Student Debt Crisis Center takes over the airwaves of 'the Leslie Marshall Show,' where they discuss how things are going as we're almost one month back into student loan repayments. They share updates on what borrowers need to know, what they're currently up to at SDCC, and some tips and tricks for borrowers with Parent PLUS loans. This episode's SDCC hosts are President and Founder, Natalia Abrams, Managing Director, Sabrina Calazans, and Policy Advisor, Spencer Dixon. The Student Debt Crisis Center (SDCC) is a 501(c)(3) nonprofit that centers the needs and voices of borrowers, and partners with allies, to impact public policy and end the student debt crisis. The SDCC website is StudentDebtCrisis.org and their handle on Twitter, Instagram and Facebook is @DebtCrisisOrg.

New repayment plans are opening the door to new loopholes for borrowers, including a new subsidy strategy. I'm sitting down with Senior Student Loan Advisor Meagan McGuire, CSLP®, to share an exciting new tactic with the SAVE plan that can help you subsidize all of your grad school loans. Learn about weighted average of balances and its impact on loan repayment options, including Public Service Loan Forgiveness. You'll also hear eye-opening insights into the Department of Education's calculation errors that have affected hundreds of thousands of borrowers.  In today's episode, you'll find out: The new subsidy strategy that's a loophole for grad school borrowers Why taxpayers file separately to lower student loan payments How to recoup lost tax credits by amending past tax returns Whether potential caps on Parent PLUS loans are fair The impact of calculation errors and issues with administrative forbearance How weighted average works and how it affects loan repayment About the mental toll and anxiety of borrowing student loans Predictions for the future of student loan policies and forgiveness programs 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  Subscribe to the newsletter 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!  

Betsy Mayotte, founder of The Institute of Student Loan Advisors, explains the benefits of federal student loan repayment plans, and the loophole that makes Parent Plus loans eligible for the SAVE plan. New-Home Sales Have Remained ResilientFedEx Missed Morningstar's ExpectationsMicrosoft's Activision Blizzard Buyout  Student Loan Repayments and “The Institute of Student Loan Advisors”How To Prepare for Student Loan Payments  Younger Borrowers vs. Older BorrowersShifting Student DebtRisks of Defaulting on Federal Student Loan Debt in RetirementThe SAVE Repayment PlanWhat Rising Bond Yields Mean for Investors Read about topics from this episode.  Incentives and Speculative Building Have Boosted New-Home Sales; We Now See More Starts in 2023FedEx Earnings: Global Package Demand Still Sluggish, but Ground Margins ImpressActivision Blizzard: Sale to Microsoft Will Likely Close in OctoberStudent Loan Repayments Are Back. What Does That Mean for Your Financial Plan?Information on Limited Forgiveness Opportunities and Repayment Restart What to watch from Morningstar.UAW Strike Raises Investor Risks3 of the Best Robo-Advisors, and One of the WorstStocks to Consider as the U.S. Pushes to Reclassify Cannabis“Ripped Off” to a “Better Deal” – How Investors Fared Since the Market-Timing Scandal Read what our team is writing:Ivanna Hampton  Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/Twitter: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Arm yourself with “quick hits” — essential tips to guide you through the labyrinth of recent student loan updates. As student loan payments restart, Lauryn Williams, CFP®, CSLP®, and Meagan McGuire, CSLP®, share how to maximize opportunities on your student loan repayment journey. Discover the revamped consolidation application designed for better efficiency and ease. Learn the benefits of removing the spousal sign-off requirements and the improved IRS data retrieval tool. Get the lowdown on the double consolidation process for Parent PLUS loans and why you shouldn't wait to take action. Listen in to stay ahead of the game when managing your student loans. In today's episode, you'll find out: How changes to the consolidation application can influence your decision to consolidate How your spouse's information can affect student loan consolidation, regardless of separate finances How to get real-time payment estimates with the IRS data retrieval tool The new option of uploading income certification documentation digitally versus traditional mailing Top pros and cons of the double consolidation legal loophole for Parent PLUS loan borrowers Why parents with student loans need to add the July 2025 deadline to their calendar Common problems borrowers face when consolidating or choosing an income-driven plan Why interest capitalization isn't as bad as you think The importance of considering your entire financial picture when evaluating your student loan repayment strategy Links mentioned:  Direct Consolidation Loan Application Income-Driven Repayment (IDR) Plan Request The IRS Data Retrieval Tool (DRT)

Welcome to Wine and Dime, where we explore the intersection of wine and finances. In this series on college planning fundamentals, we will delve into the terminology and strategies that can help you navigate the complex world of college planning. Just like a fine wine, college planning requires careful consideration and aging to achieve the desired outcome. So, grab a glass of your favorite vintage and join me on this journey of financial education.Remember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!Key Takeaways:Define your college funding goals and prioritize them based on timing and resources.Fill out the FAFSA form even if you don't think you qualify for financial aid.Need blind colleges consider a student's ability to pay tuition cost in the admissions decision.Merit scholarships are based on a student's merit and do not need to be repaid.Parent PLUS loans can bridge the gap between need-based aid and family resources.Quotes:"You can borrow for education, but you can't borrow for retirement.""Don't assume anything. Fill out the FAFSA form.""Need blind colleges are schools where a student's ability to pay tuition cost is not factored into the admissions decision.""Merit scholarships are based on the student's merit and do not need to be repaid.""Parent PLUS loans are taken by the parent and often close the final gap between need-based aid, merit scholarships, and family resources."Exploring the Vineyards of Shaw VineyardBefore we dive into the intricacies of college planning, let's take a moment to appreciate the beauty of the vineyards. Shaw Vineyard, located on Seneca Lake, is known for its dedication to aging their wines. Their reds spend five or more years in the cellar before they are bottled, resulting in a rich and flavorful experience. They also offer a unique blend called the Cuca Hill Reserve, which combines Merlot, Cabernet Sauvignon, and Cabernet Franc. I am eager to explore this winery and discover the nuances of their wines. If you have had the pleasure of trying Shaw Vineyard's wines, I would love to hear about your experience. And if you find yourself in the Finger Lakes area, I encourage you to visit and embark on your own wine adventure.The Five Essential Steps of College PlanningNow, let's shift our focus to the topic at hand: college planning fundamentals. It is important to approach college planning with a clear understanding of your goals and priorities. Defining your goals involves determining how much responsibility you and your child will have in funding their education, as well as considering other financial goals that may require attention. It is crucial to establish a timeline for each goal and anticipate any potential detours along the way. By mapping out your college planning journey, you can create a comprehensive and adaptable plan that aligns with your family's unique circumstances.The Power of Savings: Understanding 529 PlansWhen it comes to saving for college, 529 plans are a popular choice. These education savings plans offer tax advantages and can be customized to suit your needs. There are different types of 529 plans, including savings plans, prepaid plans, and private plans. A savings plan allows you to invest money that will grow over time, while a prepaid plan involves prepaying the cost of education within your...

Year after year, the annual survey taken for the T-I-A-A Institute Personal Finance Index shows low financial literacy for the 18-to-25 age group. A majority of these young adults consistently fail to demonstrate a working knowledge of financial concepts like budgeting, saving, insurance, and investing.Think about what this means.  Tens of thousands of young adults are going off to college or joining the workforce today without knowing how to manage their money, how to avoid overspending, or even how to build a solid financial future for themselves.These days, we have online banking and instant digital transactions.  It's so easy to use credit and transfer money that many young people just live day to day without a plan … until they need a bailout from Mom or Dad!The fact that young adults rarely handle cash also means they no longer have a physical connection to their money.  When you don't actually see and feel your money coming and going, you might not realize when it's gone. This disconnect can lead to unintentional overspending and a lifetime of debt, not to mention a lack of motivation to save for the future.So, if you're a parent of teenagers or a “Gen Z” just starting out, here are a few must-have financial skills and how to get them: MUST-HAVE FINANCIAL SKILLSThe first “skill” is actually an attitude. The Bible says God is the owner of everything, as in Psalm 24:1, “The earth is the Lord's, and everything in it, the world, and all who live in it”. Understand that nothing really belongs to you, even you. You are a manager of God's resources, which should change your perspective on money and material things.The number two financial skill you'll need is planning.  “A dream without a plan is just a wish,” as they say.  And wishes won't buy you a house. The fundamental planning tool we recommend is a budget, otherwise known as a “spending plan”.  A budget keeps track of your income, giving, and spending, and gives you a picture of your progress towards meeting your financial goals.  Download the free FaithFi app to get one started.The next fundamental financial skill everyone needs is: work!  Maybe your dad always told you that “Money Doesn't Grow on trees!” Annoying as that was, it's the truth. So, start at the bottom if you have to, work hard, and develop your resume!In Colossians 3: 23 and 24, we see the key to successful work: “Whatever you do, work at it with all your heart, as working for the Lord, not for men, since you know that you will receive an inheritance from the Lord as a reward.  It is the Lord Christ you are serving.”The next skill is to open and manage a bank account. Then, make sure you develop habits of giving and saving from every paycheck. Watching your balance increase will encourage you to stick to your plan. Keeping track of your bank balance will also help you understand your limits.  You can't spend what isn't there.The next skill will also help you understand your limits. Learn about credit.  Don't fall into the trap of believing that a credit card equals permission to spend all you want. Instead, keep track of your balances, pay your balances in full every month, and watch your credit score.Another basic financial skill you'll need is to understand investing, including types of investments, risk, and return. Check out the great information at SoundMindinvesting.org.Finally, admit you don't know it all and learn where to go for solid financial advice. As it says in Proverbs 15:22: Without counsel plans fail, but with many advisers, they succeed. Visit faithfi.com and click on the “Community” tab to chat online about your money questions.  Or, ask someone you trust, who knows about finances, to help you.Now more than ever, young adults need financial skills to succeed in the “real world”.  Our challenge to our bright and hopeful “Gen Z” generation is to pursue a firm faith and financial literacy.   On today's program, Rob also answers listener questions: Is an annuity a good option for retirement savingHow should someone determine whether to sell the family home after a divorce?How does one go about buying a parent's home that is currently in an irrevocable trust? Is it wise to borrow against your existing home to purchase a vacation home? Is there a way to seek loan forgiveness for a “Parent Plus” loan?  RESOURCES MENTIONED:Zillow.com Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network as well as American Family Radio. Visit our website at FaithFi.comwhere you can join the FaithFi Community, and give  as we expand our outreach. 

What do you kick yourself over? "Why did I listen to my Hubs & sign off on Parent Plus student loans for a child?" "Married for security vs fun/intimacy/attraction!" "I'm kicking myself because I was part of a work love triangle. We all worked together and I was the other girl." Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What do you kick yourself over? "Why did I listen to my Hubs & sign off on Parent Plus student loans for a child?" "Married for security vs fun/intimacy/attraction!" "I'm kicking myself because I was part of a work love triangle. We all worked together and I was the other girl." Learn more about your ad choices. Visit megaphone.fm/adchoices

If you have a child heading off to college in the fall, time is running out to apply for financial assistance. We'll talk about the Free Application for Federal Student Aid form known as FAFSA on this Faith and Finance. The deadline for submitting your FAFSA is this Friday, June 30. Fortunately, you can fill one out and file it online at FAFSA.gov.Submitting a FAFSA is the necessary first step in receiving either grant or loan money from the Department of Education. It's easy to get loan money, but obviously, you want to borrow as little as possible.Now, let's go over the types of aid that you might receive by filling out a FAFSA. First, there's the Federal Pell Grant. This is an income-based grant program for full or part-time undergrad students, but exceptions are made for students seeking a post-grad teacher certification. The less your family income, the more likely you are to receive a Pell Grant, which could be as much as $7,400 for 2023.Next is the Federal Supplemental Educational Opportunity Grant. This one's administered by individual schools, but not all participate, so you may want to check with your school's financial aid office. It's also income based with a maximum grant of $4,000 a year.Teacher Education Assistance for College and Higher Education grant: If you plan on being a teacher, you'll want to look into this grant with the convenient acronym “TEACH.” Qualifying for a TEACH grant could get you up to $4,000 a year, but you'll be required to complete a teaching service obligation. Failure to fulfill that obligation will get the grant converted to a loan and you'll have to pay it back with interest. So make sure you're committed to teaching before accepting the money.Next is the Iraq and Afghanistan Service Grant. If you've lost a parent or guardian due to military service in those countries, and you were under the age of 24 or attending college at the time, you could be eligible for up to $7,400 for 2023.Now, since you'll be filing at this late date for the 23/24 academic year, a lot of the available grant money has probably been disbursed, so you're much more likely to receive assistance in the form of Federal work-study programs.These are funded by the feds, but administered by schools. As the name implies, they provide undergrad and graduate students with the chance to work and earn money for their education expenses. The work could be related to your major and may not necessarily be located on campus.With these work-study jobs, you'd earn at least the federal minimum wage, and possibly more depending on the job. Again, check with your school's financial aid office for details and availability.Now we get into the dangerous area of federal financial assistance …STUDENT LOANSWe say student loans are  “dangerous” because the system makes it incredibly easy to borrow, both for students and their parents.College students graduating in 2023 who took out loans owe an average of nearly $30,000. The average length of time to pay that off will be around 10 years with a monthly payment of just under $300. Worse, many students who borrow fail to get a degree that could lead to a higher salary, meaning it will be even more difficult and take longer for them to repay their loans. The lesson here is, of course, to borrow as little as possible and if you do borrow, make sure you graduate.Then make sure you graduate with a degree that gives you marketable skills that employers are willing to pay you for. It's great to pursue dreams, but attending college is as much a financial decision as anything else. Remember Proverbs 22:7, “The borrower is slave to the lender.”That said, here are the types of loans that could be offered after filling out the FAFSA:First, the federal direct subsidized loan. This is needs-based and allows you to skip interest payments while you're in school.Next is a federal direct unsubsidized loan. This one isn't needs-based, so basically anyone can get itNext is the federal Parent PLUS loan. No mystery there, parents take out these loans to put their children through school, but it's a bad idea and we recommend you not do it. Your child will have many more years to pay back the money than you will.Again, the deadline for submitting a FAFSA application is this Friday.On this program, Rob also answers listener questions: Are credit card rewards taxable? How do you determine the wisest place to put your retirement money as you near retirement age? What is the best way to start an emergency fund? What is the Windfall Elimination Provision and when does it apply to pensions?RESOURCES MENTIONED:Find a Certified Kingdom Advisor Capital One 360 Checking Marcus Christian Community Credit UnionRemember, you can call in to ask your questions most days at (800) 525-7000. Also, visit our website at FaithFi.com where you can join the FaithFi Community, and give as we expand our outreach.

Meagan McGuire, CSLP®, and Lauryn Williams, CFP®, are here to help you navigate the latest changes and updates to student loans. They start with an inspiring story of a father who shouldered his children's education debts with a Parent Plus loan, only to discover that recent changes now allow forgiveness. Plus, they reveal how the COVID forbearance measure has made Public Service Loan Forgiveness (PSLF) even more advantageous, with a three-year credit towards loan forgiveness. The two share expert tips on repayment plan combinations, navigating community property state laws, and leveraging the latest PSLF Help Tool developments.  You'll also see how Parent Plus loan borrowers can pursue loan forgiveness, even if you thought it was impossible.  In today's episode, you'll find out: There is no clear language on the technical implementation of the IDR waiver yet A case study on whether to consolidate an undergrad loan to get closer to PSLF forgiveness  How the standard ten-year plan compares to PSLF for Parent Plus loans How the new IDR waiver allows credit for unconsolidated Parent Plus loans towards PSLF A big update on how to submit an employment certification form for payment count  How spouses can maximize income-driven forgiveness by filing taxes separately The importance of using different repayment plans in different situations A case study strategy to lower payments using the double debt loophole The impact of state community property laws on student loan repayment How the new REPAYE plan could change repayment strategies for couples Which loans are (and are not) eligible for refunds Resource mentioned:  PSLF Help Tool 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!  

In this episode, I'm diving into some PSLF regulations that specifically affect physicians in California and Texas. Many of them work for for-profit companies that serve nonprofit hospitals, and the new rules coming out in July 2023 could have a big impact on PSLF eligibility. Next up is another listener's situation regarding consolidating Parent Plus Loans with graduate school debt. We'll also be covering some Parent Plus strategies that can be beneficial for parents. I'll also be jumping into the exciting world of Congress and their possible plan to repeal the student loan pause and cancellation. Don't worry, I'll break down what this means for borrowers and what happens when President Biden blocks it. Plus, we'll explore the Congressional Review Act and some juicy details of the ongoing student loan lawsuits. In today's episode, you'll find out: The new PSLF regulations that come out in July 2023 that could change student loan repayment strategies for physicians in California and Texas When you should consolidate Parent Plus Loans with graduate loans and when to keep them separate Who the Parent Plus Loan strategy works the best for How Congress might end the student loan pause and student loan cancellation Why some senators might vote against the cancellation and IDR programs  The chances that President Biden could veto the bill to end the programs An update on the Supreme Court's ruling on the student loan cancellation plan When I think they'll really end the student loan payment pause Why student loan borrowers can still benefit, despite the uncertainty Links mentioned:  Consolidate your federal student loans

Dave Ramsey & Dr. John Delony answer your questions and discuss:   "I thought I would feel more peace in Baby Step 7", "I can't sleep because of my debt", How long to be gazelle intense,  from the blog: Gazelle Intensity: Do You Have It? "My wife wants us to upgrade in home but I don't want to borrow more money for it", "Should I pay off my future wife's Parent PLUS loans when we get married?" Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

As the country gears up for the midterm elections, Into America is traveling to different HBCUs across the South for a special series called, “The Power of the Black Vote.” We're talking to young Black voters about how they're shaping America, and about the issues that matter to them the most. This week, we travel to Durham's North Carolina Central University to discuss how the student debt crisis is affecting Black students' lives and their plans for the future. As the cost of higher education continues to balloon, Black borrowers are taking on more student loan debt than their white peers. And this is impacting families too: Black parents are more likely to take out a Parent PLUS loan to finance their child's education. Over the summer, President Biden announced his administration's plan to forgive up to $20,000 for federal loan holders, but the move fell far short of what many activists and organizations, including the NAACP, had been pushing for.On this episode, we visit Kamree Anderson and Dena Fischer, who share their experience with repaying Parent Plus Loans. Then, host Trymaine Lee speaks with Jonah Vincent, founder of the youth-led organization No Cap, and current NCCU students Heavyn Smith and MarQuay Spencer-Gibbs about how student debt shapes their lives and their perspective for the upcoming midterm elections.For a transcript, please visit msnbc.com/intoamerica. Follow and share the show on Twitter, Facebook, and Instagram, using the handle @intoamericapod.Thoughts? Feedback? Story ideas? Write to us at intoamerica@nbcuni.com.For More:The Power of the Black Vote: Taking Back the ClassroomNBC News survey finds 2022 midterms have entered uncharted territory NCCU Sound Machine marching band recordings courtesy of rickeytherealist1

Ken Coleman & George Kamel discuss: Selling an $18k shoe collection to pay off debt, What to do when your boss doesn't like you, Refinancing a Parent PLUS loan, Reinvesting business profits. Support Our Sponsor: Newton: https://bit.ly/3BnPn1k Zander Insurance: https://bit.ly/2Xbn7hD  Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6