Student Loan Chaos Explained w/ Stanley Tate #1094

The whiplash student loan borrowers have experienced over the past few years has been staggering. Payments paused, forgiveness promised, forgiveness blocked, repayment systems rewritten, and now wage garnishment is back on the table for some folks. It’s no wonder navigating student loans has become a specialized skill. Few people know that landscape better than attorney Stanley Tate. He’s helped hundreds of borrowers get out of default, qualify for forgiveness programs, secure affordable payments, negotiate settlements, stop garnishments, and even discharge student loans in bankruptcy. Through his blog, newsletter, and videos, Tate has offered guidance to countless others. Some of the topics covered today:

How much time borrowers in default have had to address the elephant in the room
Why income-driven repayment plans are crucial for many borrowers
Why private student loans are expected to see a resurgence
Borrowers often misunderstand their repayment options and forgiveness paths
How emotional decisions often overshadow financial reasoning in education funding
The biggest student loan mistake that his clients make
Living life fully is essential, even amidst student loan burdens
And much more!

Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances:

Stanley Tate: Newsletter, tools, and other resources up on his site and he’s got a great YouTube channel as well.
Credit card perks: Check out our favorite credit cards that we use to maximize rewards and optimize our spending.
Money Gears: knowing what to do with your money is crucial to your personal finance journey.
Newsletter: Sign up for the weekly HTM newsletter. It’s fun, free, & practical.
Other money nerds: Find a thriving community of fellow money nerds by joining the HTM Facebook group!

And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

Best friends out!

See omnystudio.com/listener for privacy information.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(1195)

Friday Flight - 529 Hacking, Hollowed-Out Home Ec, & Sucky Stock Pickers #1191

Time for a Friday Flight- our little sampling of the week’s best financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific ...

11 Syys 48min

The Financial Case for Moving Abroad w/ Richelle Gamlam #1190

Spain. Vietnam. Tanzania. Georgia… the one in Europe of course. Ever catch yourself daydreaming about building a life somewhere far beyond the borders of the US? There’s a lot to love about living her...

9 Syys 1h

Ask HTM - Buying With Other People's Money, Vanguard Digital Advisors, & Money Gear 7 Celebrations #1189

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , ...

7 Syys 55min

Friday Flight - Car Insurance Competition, Early Retirement Increasing, & HOA Horrors #1188

4 Syys 48min

Build a Retirement You'll Actually Enjoy w/ Wes Moss #1187

Anyone else a little tired of hearing about ‘retirement?’ It can feel like this vague, far-off finish line that we're told to obsess over for decades. But here's the thing: when you look at the resear...

2 Syys 56min

Ask HTM - 3% Mortgage Paydowns, Brokerage Account Tax Bills, & Am I “Extra” For Wanting AC?! #1186

31 Elo 53min

Friday Flight - America’s Debt Debacle, Perpetual Shopping, & Mystery Vacations #1185

28 Elo 50min

How Americans Got Rich: The History of Wealth in America w/ Joseph Moore #1184

“There’s nothing new under the sun.” That comes from Ecclesiastes. But it’s a piece of wisdom we tend to neglect. It's often said that those who forget history are doomed to repeat it. But what if a p...

26 Elo 59min