This is a two-for-one episode. We’ll start by digging into the mailbag and answering questions you sent in. Then we’ll get to the topic filling my inbox with panicked emails: whether the Department of Education can take back forgiveness counts that were already granted. If you followed the rules, you shouldn’t be worried, and I’ll explain what I think is actually going on with these count corrections.
Key moments:
(00:00) Choosing the right college and degree in the new era of borrowing limits
(06:04) What to do when your loan servicer gets your PSLF payment count wrong
(08:14) Handling $145,000 in loans on a new engineer's starting salary
(14:34) How the IDR account adjustment explains the counts being corrected now
(18:51) Whether granted forgiveness can be reversed, and who gains from the panic
Like the show? There are several ways you can help!
Feeling helpless when it comes to your student loans?
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!
Mentioned in this episode:
Tips I Can't Share Publicly
Getting our free newsletter? Upgrade your experience and discover student loan loopholes so good, they might get repealed if I talk about them publicly. Find out my very best thought leadership that I really just can't be open about anymore, unfortunately. If you want to get our very best tips, not just the ones that I can share for free. Go to studentloanplanner.com/insider to get a special discount for your year membership.
Want more? Check out our other podcast
Starting to think beyond your student loans? Check out our other show, Financially Free Era. It's about what comes next, investing, building wealth, and designing a life you actually want. Find "Financially Free Era by SLP Wealth" in your podcast app.
