As student loan repayments restart, what should you and your clients consider when evaluating the various repayment plans and options available? Join Certified College Consultant Drew Schlotter for a look at the pros and cons of the various options, with a special emphasis on the new SAVE Plan that's already attracted more than 4 million student loan borrowers, due in large part that the SAVE plan has the potential to be less expensive than previous IDR (Income-Driven) repayment plans.
Note that the SAVE plan can work for affluent clients as it's estimated the high-earners might have their monthly payments reduced by as much as 5% with this plan.