Paying Nothing, Borrowing the Max, and What this Recession Means for Student Loan Policy

Published: May 12, 2020, 6 a.m.

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Most financial experts are telling you to pay extra on your student loans right now because of the 0% interest rate through the end of September. But I think that\\u2019s terrible advice!

Find out why and what I think the unintended consequences will be of Congress trying to rescue borrowers amid the coronavirus outbreak.

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

  • Why you should pay nothing on your student loans
  • How you could be a victim of a strategic layoff
  • How to lower your payment if you have private student loans
  • Why it\\u2019s okay to borrow the max amount of student loans
  • What Congress did to make me think the tax bomb will disappear
  • Some good news about student loan interest rates for next year
  • What matters the most when it comes to student loan repayment


Full show notes at: http://studentloanplanner.com/76

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