Episode 00 Who is the FIT Institute and What do We Do

Today we welcome our first guest to the podcast, Betharoni Bird, a 2012 college graduate now working in the culinary arts. Learn how Beth paid her way through college with only modest debt that she repaid within two years of graduating. Learn how your local college may be much less expensive than that dream private…

Minute 00-[1:00] All of these acronyms are used to describe Income-Based Repayment programs for federal student loans. And the one thing they all have in common is that they stretch out loan repayments for decades. Minute 2-3: I am a lawyer, but I am not providing legal advice here just general information about student loans.…

Episode 05 Why Your Student Loan Probably Won’t Be Forgiven Minute [1:30] We need to talk about Public Service Loan Forgiveness (PSLF) because so many people go into debt believing they will not have to repay their debt in full. This is not correct. Creditors expect to be repaid. Minute [2:30]:  There are some loans that…

Learn about the dangers of Parent PLUS loans. Just say no. You can't afford them and neither can your student.

Americans have a one track educational model which assumes that all people should go to college directly after high school. This has proved disastrous for many indebted young people. This episode is designed to help you plan what to do when you graduate from high school.

Private scholarships may be less valuable than you think since colleges often reduce the amount of grants you would have received by the amount of scholarship funds you receive. Your financial aid package may be different sophomore year than it is freshman year. College readiness is more than academic readiness.

Show Notes Summary Min 1                   The application is free, but that doesn’t mean the student aid is free Min [1:15]             This podcast offers information about student loans and doesn’t constitute legal advice Min 2                   Colleges use the FAFSA to calculate each family’s expected contribution (the “EFC”) Min 3                   Each family should assess its own…

00-Min 1             Financial Institute Training: Understanding the impact of student loan debt on the debtor Min 1                   Rose McConnell is an attorney. Developed interest in debt following 2008 financial crash. Min 2                   Interest rates at historic lows. Takeaway: they will go higher! Min [2:43]              Creditors expect to be repaid and educational debt…