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Alan is a national security specialist living in the D.C. area. He graduated with $120,000 of student loan debt, which had now climbed to $160,000 with interest. His wife is a vice principal with about $40,000 of student loan debt herself. Both are working toward student loan forgiveness \\u2014 Alan with Public Service Loan Forgiveness (PSLF) and his wife with Teacher Loan Forgiveness.

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Learn about Alan\\u2019s struggles with FedLoan Servicing (the servicer in charge of all things PSLF) and how loan forgiveness is unfolding for both he and his wife.\\xa0

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

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• How Alan ended up in the national security field \\u2014 and what that career is really like
• What education is required to work in national security
• When Alan first realized he had tons of student loan debt
• How bad advice from his loan servicer led his loan balance ballooning
• How the incentive structures of loan servicer call centers affect the advice you get
• Why it\\u2019s usually best to use your prior tax returns to certify income for income-driven repayment plans
• How student loans affect married couples filing taxes jointly or separately
• Alan\\u2019s experience with FedLoan Servicing after inquiring about loan forgiveness
• Why PSLF is usually the better option over Teacher Loan Forgiveness \\u2014 and how both programs work
• Why an emergency fund is essential, especially as the student loan debt crisis will likely get worse
• Alan\\u2019s tips for dealing with the psychology of debt

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Full show notes at: http://studentloanplanner.com/21\\xa0