How Student Loans are like being a California or New York resident

Published: Aug. 25, 2020, 6 a.m.

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From the perspective of what you\\u2019ll have to pay on your student loans, the worst that can happen isn\\u2019t any different than being a resident of California or New York City. Student loans aren\\u2019t a debt sentence. If you have a plan in place, life can be pretty good with student loans. I explain why student loans are like a tax, and also answer a few listener questions about student loans.

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

  • Listener question: Should you take out the max student loans this year?
  • Listener question: How to refinance as an international student?
  • The wage gap between college graduates and non-college graduates
  • Why college demand has gone up in the last 10 years
  • How the federal government is driving up the cost of education
  • How the cost of living in California and NYC is the same as paying on student loans
  • Why I think the tax bomb will be eliminated someday
  • How someone with $250,000 in student loans is better off than someone who\\u2019s mom or dad paid for their education completely
  • Why your student loan debt is like a tax and not a debt


Full show notes at: http://studentloanplanner.com/91

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Links mentioned:

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Feeling helpless when it comes to your student loans?

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