EPISODE · Feb 7, 2023 · 24 MIN
159. How to Get Student Loan Forgiveness
from SYNARCHY: Social Impact Growth Strategy and Immigrant Wealth Building · host Adina Appelbaum, Esq. | International Empowerment® | Immigrant Finance®
More than half - 54 percent - of student loan borrowers report experiencing mental health challenges due to student loan debt. So many of us feel crippling overwhelm, anxiety, fear, and even depression when it comes to even thinking about student loans. What's causing that? Often, it's due to not knowing your options and not having a financial plan. Without knowing what resources might be available to you to manage your student loans, and even potentially get loan forgiveness, it can feel nearly impossible to plan for the future, nevermind explore your purpose. I completely get it. Many of the students I've worked with as an Accredited Financial Counselor® struggle to face their finances and take steps toward their personal and professional goals due to student loans. Here’s the thing. Ignoring or avoiding student loans is the worst way to deal with them. Read that again. It's like finding out a hurricane is coming to your area and just freezing up, hoping it will pass, instead of taking time to prepare your home and stock up on food and water. In this episode, learn options for student loans forgiveness, cancellation, and management that might be available to you so you can feel less overwhelmed and more in control with your financial planning. In this episode, I’m going to show you how to start to move past the fear of facing student loans and start learning about options available so you can start to move forward. You’ll learn: The first question to answer in your student loan financial planning How to determine if you might be eligible for student loan forgiveness Ways that student loan cancellation might be possible What to do when you are not eligible for student loan forgiveness or cancellation, or in addition to those options Listen to Ep. 159: How to Get Student Loan Forgiveness if you're ready to stop feeling totally overwhelmed and start feeling empowered with student loan options! For support, book a free 30 min financial strategy consult with Adina: https://calendly.com/internationalempowerment/financialconsult Subscribe & share the The Business of Purpose Podcast with one person today who needs to hear it!
What this episode covers
More than half - 54 percent - of student loan borrowers report experiencing mental health challenges due to student loan debt. So many of us feel crippling overwhelm, anxiety, fear, and even depression when it comes to even thinking about student loans. What's causing that? Often, it's due to not knowing your options and not having a financial plan. Without knowing what resources might be available to you to manage your student loans, and even potentially get loan forgiveness, it can feel nearly impossible to plan for the future, nevermind explore your purpose. I completely get it. Many of the students I've worked with as an Accredited Financial Counselor® struggle to face their finances and take steps toward their personal and professional goals due to student loans. Here’s the thing. Ignoring or avoiding student loans is the worst way to deal with them. Read that again. It's like finding out a hurricane is coming to your area and just freezing up, hoping it will pass, instead of taking time to prepare your home and stock up on food and water. In this episode, learn options for student loans forgiveness, cancellation, and management that might be available to you so you can feel less overwhelmed and more in control with your financial planning. In this episode, I’m going to show you how to start to move past the fear of facing student loans and start learning about options available so you can start to move forward. You’ll learn: The first question to answer in your student loan financial planning How to determine if you might be eligible for student loan forgiveness Ways that student loan cancellation might be possible What to do when you are not eligible for student loan forgiveness or cancellation, or in addition to those options Listen to Ep. 159: How to Get Student Loan Forgiveness if you're ready to stop feeling totally overwhelmed and start feeling empowered with student loan options! For support, book a free 30 min financial strategy consult with Adina: https://calendly.com/internationalempowerment/financialconsult Subscribe & share the The Business of Purpose Podcast with one person today who needs to hear it!
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159. How to Get Student Loan Forgiveness
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