Total student loan forgiveness is a hot topic right now and everyone has an opinion about whether it’s good or bad. But what should you actually DO about it — and the loans you have right now?
Student loans are a subject everyone’s chatting about right now because, for one, it’s always an emotional topic if you have them — and two, it’s an especially timely topic right now because political campaigning is ramping up and promises of total student loan forgiveness are being floated around.
We are not interested in getting political. What we do want to talk through is the financial side of the student loan issue and what you need to do about it
In this episode, we talk about:
- The current headlines and what people are chatting about
- What student loan forgiveness already exist and are available for you to use (as well as if it makes sense for you to take advantage of these)
- The differences between forgiveness and discharge
- What you need to understand about federal versus private loans
- Things you should think about before you feel swayed, one way or another, about the current news surrounding total student loan forgiveness
- What you can do right now to improve your financial situation and reduce the burden of your student loan debt — regardless of whatever happens in the political arena
- Why, ultimately, total student loan forgiveness doesn’t even matter if you’re not going to work on your money mindsets and habits NOW
This convo took up way more than just one episode — so this is Part I of our two-part series on student loans, student loan forgiveness, and how to deal with your student loan debt.
Jump into this first episode here:
Further Reading & Resources
- The Complete List of Student Loan Forgiveness Programs and Options, compiled by Student Loan Hero
- PART TWO of this series, available on July 26th, 2019: Click here to tune in once the episode is live!
Want More from the Podcast — and Your Hosts? Here’s How to Connect
We’d love to connect with you and continue the conversation!
Follow Eric @BeyondFinances on Twitter and Instagram
Follow Kali @KaliRoberge on Twitter and Instagram
If you have questions or comments, send us an email at team@beyondyourhammock.com.
You can even chat with Eric about becoming a financial planning client at BYH by clicking here.
And of course, we’d love to hear what you think. Share your feedback by leaving your review on iTunes. It means a lot.