Expert Insights: How Student Loans Impact Financial Planning

Published: Oct. 10, 2023, 6 a.m.

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In this action-packed episode, financial experts and student loan consultants Jared Costigan, CFP\\xae, Logan Murray, CFP\\xae, CSLP\\xae, EA, and Lauryn Williams, CFP\\xae, CSLP\\xae, explore the profound impact of student loans on everyday life. You\\u2019ll hear stories of consultations where clients discovered surprising opportunities for loan forgiveness, leading to emotional reactions and newfound hope; the macroeconomic implications of the impending restart of student loan payments and how it presents a valuable planning opportunity for borrowers; and how retirement planning and aggressive repayment strategies fit into your student loan repayment strategy.

In today\\u2019s episode, you\'ll find out:

  • How retirement planning intersects student loans
  • Financial opportunities for borrowers as student loan payments resume
  • How income-driven repayment can make your monthly payments more manageable
  • The benefits of integrating student loans into your overall financial roadmap
  • Why you shouldn\\u2019t wait to ask for help with student loan payments
  • How student loan planning is different from traditional finance and why it\\u2019s often overlooked
  • What drives our experts in a sneak peek behind the scenes with the SLP team
  • The story of a client who unlocked a staggering $150,000 in loan forgiveness during a consultation
  • Financial planning opportunities for borrowers who haven\\u2019t included student loan payments in their budget
  • The importance of income-driven payment plans and payment reduction

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Like the show? There are several ways you can help!

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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!

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