What You Should Know About The New Student Loan Repayment Option
Guest Expert: Drew Schlotter, CFP®, Certified College Financial Consultant, Woodson Wealth Management
Date:
Webinar Replay Description
As student loan repayments restart, what should you and your clients consider when evaluating the various repayment plans and options available?
Comments
"New Ideas" Learned According to Webinar Attendees:
"I learned that the choice is really between the Standard Repayment Plan and one of the 4 income-driven repayment plans. Good to know which options are so rarely optimal that they can be ignored."
"Learned about double consolidation benefit of student loans to be eligible for an IDR plan and specifically the SAVE plan that will lower payments to 5% of discretionary income as of 7/1/24."
"Pick the Public Service Loan Foregiveness program and SAVE and stick with it."
09.27.2023 - Student Loan
Attendees Comments:
"New Ideas" Learned According to Webinar Attendees:
"I learned that the choice is really between the Standard Repayment Plan and one of the 4 income-driven repayment plans. Good to know which options are so rarely optimal that they can be ignored."
"Learned about double consolidation benefit of student loans to be eligible for an IDR plan and specifically the SAVE plan that will lower payments to 5% of discretionary income as of 7/1/24."
"Pick the Public Service Loan Foregiveness program and SAVE and stick with it."