St. George’s University: Guide to Recovery from Their Ridiculous Tuition
Perhaps no one else in the United States has counseled more St. George's University (SGU) graduates than I have on student loans. At Student Loan Planner®, we've talked to folks in eye-popping amounts...
View ArticleIDR Waiver: How to Qualify and Get Forgiveness Faster (Deadline Extended)
Key Takeaways: If you're a student loan borrower paying back your federal student loans using an income-driven repayment (IDR) plan, the Biden Administration's IDR waiver, also known as the IDR Account...
View ArticleWhy Most College Grads Should Seek Student Loan Forgiveness Using SAVE
The SAVE plan has truly changed the math behind college loan repayment, particularly for undergraduate degree holders. Being debt free has psychological advantages, but the math is undeniable that the...
View ArticleWhy Aren’t Voters Giving President Biden Credit for His Student Loan Policies?
A poll done on November 30, 2023, from a Democratic-leaning polling firm looked at two populations: “under 45 without student loans” and “under 45 with student loans.” They asked, “Which candidate do...
View ArticleIDR Recertification Deadline Delayed Until Late 2024: What it Means For You
On Friday, March 1, 2024, the Department of Education decided to abruptly delay recertification of Income Driven Repayment (IDR) for borrowers until “no earlier than late September 2024.” For many...
View ArticleGuide to Student Loan Weighted Average Consolidation Rules for Student Loans...
The new weighted average consolidation rules for student loans are completely different from those before or during the pandemic. These new rules are in effect as of July 2024. While the new...
View ArticleCould Student Loan Forgiveness Become Taxable Again? There’s a Looming Cliff
If President Biden wants to cancel debt, he’s racing against the clock thanks to student loan cancellation and forgiveness becoming taxable again very soon. The American Rescue Plan made student loan...
View ArticleCould the SAVE Plan Survive a Trump Presidency?
If President Trump wins the 2024 election, will he seek to repeal the Saving on a Valuable Education (SAVE) repayment plan? Right now, it seems more likely than not that he would. We’ll discuss how a...
View ArticleHow the MOHELA Servicer Transfer Affects You
You might have gotten a mildly alarming notification in your inbox lately letting you know that your loans would be moving away from the MOHELA website. For some borrowers, they’re actually keeping...
View ArticleWhat Will Happen with Student Loans if Biden Wins the 2024 Election
President Biden has done more on student loans than any President in history without the aid of Congress. He’s implemented his policies mostly through executive action, and he’s consistently increased...
View ArticleLocum Tenens Physician Tax Planning Essentials: Navigating Inconsistent Income
If you are a physician working in a managed care health system, chances are you’ve asked yourself at least one of these questions about work-life balance: If this sounds like you, transitioning into...
View ArticleHow Student Loan Borrowers Can Use IDR Sensitive Investing to Earn More After...
When asked for a simple answer on how to invest, I suggest 50% in Vanguard’s Total Stock Market Index Fund (VTSAX) and 50% in Vanguard’s Total International Index Fund (VTIAX). While that’s a...
View ArticleWhat Do the SAVE Plan Lawsuits Mean for Borrowers?
Over a dozen Republican Attorneys General filed two major lawsuits against the Saving on a Valuable Education (SAVE) income-driven repayment (IDR) plan in 2024. Both resulted in initial injunctions...
View ArticleParent PLUS Forgiveness After Double Consolidation Ends: 5 Key Strategies
Until July 2025, Parent PLUS borrowers can obtain the best income-driven repayment (IDR) plans out there, including the Saving on a Valuable Education (SAVE) plan, if they consolidate their loans...
View ArticleSAVE Plan Blocked: The Court’s Ruling Explained
Key Takeaways: In a one-page order, the Eighth Circuit Court of Appeals effectively blocked any new sign-ups for the Saving on a Valuable Education (SAVE) repayment plan pending further litigation. The...
View ArticleAmending Tax Returns from Separate to Joint for Student Loans: When and How...
Many student loan borrowers file their taxes as married filing separately to exclude their spouse’s income from the calculation. This can lead to a lower income-driven repayment (IDR) for student...
View ArticleKamala Harris’s Student Loan Policies: Everything You Should Know
What are Vice President Kamala Harris’s student loan policies and views on student loan forgiveness? What could we expect of a Harris administration if she wins the 2024 Presidential election? We’ll...
View ArticleDepreciation for Dentists: Guide for Practice Owners
Dentists have perhaps the easiest and best path of all professionals to lower their taxes through depreciation with practice ownership. Depreciation allows you to expense an asset over time to account...
View ArticleThe IDR Recertification Time Bomb: Borrowers’ Payments Will Soar in 2025
Millions of student loan borrowers are about to confront soaring income-driven repayment (IDR) payments far higher than most realize, and it’s going to start happening in waves in 2025. This “IDR...
View ArticleWhat If the SAVE Plan is Permanently Blocked? Key Scenarios and Alternatives...
What if the courts permanently block the Saving on a Valuable Education (SAVE) plan? What would this mean for borrowers overall? And how would it impact you? We’ll go into the scenarios that could...
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