230: PSLF, SAVE, and More: Your Guide to Student Loan Relief with Sim Terwilliger

Wealthy Mom MD with Bonnie Koo | PSLF, SAVE, and More: Your Guide to Student Loan Relief with Sim TerwilligerAre you drowning in student loan debt and unsure of your options? With the ever-changing landscape of student loan forgiveness programs, it's easy to feel overwhelmed and confused. In this episode, we dive deep into the complex world of student loans to help you navigate the system and keep more money in your pocket.

I sit down with Sim Terwilliger, a Certified Financial Planner and student loan expert from Student Loan Planner. She breaks down the latest changes to student loan forgiveness programs, including the recent administration change and the ongoing legal battles surrounding the SAVE plan.

Whether you're pursuing Public Service Loan Forgiveness (PSLF) or exploring other forgiveness options, this episode is packed with valuable insights and actionable advice. Sim shares her expertise on how to lower your monthly payments, maximize forgiveness, and prepare for potential tax consequences. Don't miss this opportunity to get clarity on your student loan situation and take control of your financial future.

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What You'll Learn from this Episode:

  • How recent changes to student loan forgiveness programs impact borrowers.
  • The current status of the SAVE plan and what it means for your loans.
  • Strategies for maximizing PSLF and other forgiveness options.
  • How to lower your monthly payments by filing taxes strategically.
  • The importance of regularly certifying your employment for PSLF.
  • What happens to your student loans if you die.
  • How to prepare for potential tax consequences of loan forgiveness.

Listen to the Full Episode:

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