Grab Bag Q&A: Navigating the Student Loan Repayment Maze

Join student loan consultants Lauryn Williams, CFP®, CSLP®, and Meagan McGuire, CSLP®, as they answer questions from clients about student loans. Learn about the revamped REPAYE plan, forgiveness timeline for undergraduate and graduate loans, and discretionary income guidelines for repayment. They also dive into the tax implications of loan forgiveness, the difference between FFEL and Direct Loans, when the long-term benefits of federally held loans outweigh the advantages of refinancing, and more. In today's episode, you'll find out: Questions about the new repayment plan The forgiveness timeline of the new REPAYE plan When to save up for the tax liability to get ahead of the game How the option of married-filing-separately could be impacted Why you don't need to have a tax return to calculate your payment What you need to know if you feel like you're the only one making student loan payments How to get help with student debt Why you may need a student loan consultation even if you think you don't How do you go about the double consolidation on timing When can you start preparing for the double consolidation What to do if you've been laid off How to get your money back if you've been making student loan payments during the payment pause Link mentioned: StudentAid.gov 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 [email protected] and we might feature it in an upcoming show!