August 19, 2022

College

Its all about the school

(Ep. 144) Is Your Student Debt a Good Thing? | Student Loan Planner

12 min read

Was your decision to take out a student loan the right decision? In this episode, I make the case that student debt isn’t only the right decision, but a fantastic one. It can feel like a burden, but it’s also a massive opportunity to gain access to high-income skills that you can use to maximize your potential and leave a lasting impact.

In today’s episode, you’ll find out:

✅ Why I think student loan debt is a good thing
✅ Why you shouldn’t wait to apply for PSLF, despite FedLoan leaving
✅ Whether cash back credit cards are worth it
✅ How disability discharge can forgive student loans
✅ How student loans can give you the security of high income and job security
✅ The true percentage of income you’ll pay for income-driven repayment plans
✅ The few states that will potentially tax student loan forgiveness in the near future
✅ Why you should think of your student debt as a “smart income tax”
✅ How to be optimistic in a time of chaos and uncertainty

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Legal: Student Loan Planner is a financial coaching company and does not claim to provide financial advice on investment products. Refinancing federal loans causes the borrower to lose access to income-based repayment plans as well as the PSLF program. We may earn compensation from advertising partners when you click on links on our site. Student Loan Planner is not a debt settlement or debt relief company. We do not provide tax or legal advice.

#GoodDebt #StudentLoanPlanner #TravisHornsby #FinancePodcast #StudentLoanDebtPodcast

Source: Student Loan Planner

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