159. Navigating Student Loan Repayment Plans: Understanding IBR 2009 and the New SAVE Plan with Chris Varela

Welcome back to another episode of the Healthcare Education Transformation Podcast! In this exciting installment, we are joined once again by the expert Chris Varela from Varela Financial to delve deeper into the realm of student loan repayment plans. We will explore the IBR 2009 plan and the newly introduced SAVE Plan, gaining insights into their unique features and how they affect your loan repayment journey.Navigating student loan repayment plans can be overwhelming, but with the right guidance and information, you can make informed decisions about your financial future. Understanding the IBR 2009 and SAVE Plan options empowers borrowers to tailor their repayment strategy according to their evolving needs. Remember, while online resources can provide some insights, nothing compares to the expertise of a specialist who can provide personalized guidance and maximize your benefits. For personalized assistance or to learn more about income-driven repayment plans and student loan strategies, visit Varela Financial's website at varelafinancial.com and schedule a free 15-30 minute phone consultation with Chris. Take the first step towards financial success today!Special thanks to both our sponsors, The NPTE Final Frontier, and Varela Financial! If you are taking the NPTE or are teaching those about to take the NPTE, visit the NPTE FInal Frontier at www.NPTEFF.com and use code "HET" for 10% off all purchases at the website...and BREAKING NEWS!!!! They now have an OCS review option as well... You're welcome! You can also reach out to them on Instagram @npteff If you're a PT and you have student loan debt, you gotta talk to these guys. What makes them unique is that they view financial planning as like running hurdles on a track. And for PTs, the first hurdle many of us run into is student loan debt. Varela Financial will help you get over that hurdle. They not only take the time to explain to you which plans you individually qualify for and how those plans work, but they ALSO take the time to show you what YOUR individual case looks like mapped out within each option. So if you're looking for help on your student loan debt, or any area of your personal finances, we highly recommend working with them. You can check out Varela Financial out at varelafinancial.com. Feel free to reach out to us at:  http://healthcareeducationtransformationpodcast.com/ https://www.facebook.com/HETPodcast https://twitter.com/HETpodcast Instagram: @hetpodcast @dawnbrown_pt @pteducator @dawnmagnusson31 @farleyschweighart @mail.in.stew.art @ujima_institute For more information on how we can optimize and standardize healthcare education and delivery, subscribe to the Healthcare Education Transformation Podcast on Apple Podcasts or wherever you listen to podcasts.