Student Loan Planner

SAVE Lawsuit Settlement and What It Means


Listen Later

The SAVE plan is officially dead. Learn what the SAVE lawsuit settlement actually says (not the rumors), who really needs to pay attention right now, and what you should do next. We walk through why millions of people are still stuck in SAVE forbearance, what repayment plans are actually available going forward, and how upcoming rulemaking could reshape income-driven repayment yet again. If you're waiting things out, this is your nudge to get proactive before the Department of Education decides for you.

Key moments:

(01:07) The lawsuit that officially ended the SAVE plan

(05:01) Why borrowers should get off the SAVE plan asap

(09:03) Borrowers are also losing access to PAYE

(13:22) Why I don't think the RAP plan will be around for the next 30 years

(18:25) Act early to avoid being defaulted into the wrong plan

Like the show? There are several ways you can help!

  • Follow on Apple Podcasts, Spotify or Amazon Music
  • Leave an honest review on Apple Podcasts
  • Subscribe to the newsletter
  • Join SLP Insiders for student loan loopholes, SLP app and member community

Feeling helpless when it comes to your student loans?

  • Try our free student loan calculator
  • Check out our refinancing bonuses we negotiated
  • Book your custom student loan plan
  • Get profession-specific financial planning

Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!

...more
View all episodesView all episodes
Download on the App Store

Student Loan PlannerBy Travis Hornsby

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

181 ratings


More shows like Student Loan Planner

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,755 Listeners

So Money with Farnoosh Torabi by Farnoosh Torabi

So Money with Farnoosh Torabi

1,951 Listeners

ChooseFI by ChooseFI

ChooseFI

5,165 Listeners

White Coat Investor Podcast by Dr. Jim Dahle of the White Coat Investor

White Coat Investor Podcast

2,453 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,090 Listeners

Real Estate News: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Estate News: Real Estate Investing Podcast

559 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,840 Listeners

The Personal Finance Podcast by Andrew Giancola

The Personal Finance Podcast

1,414 Listeners

All the Hacks: Money, Points & Life by Chris Hutchins

All the Hacks: Money, Points & Life

1,625 Listeners

Money For Couples with Ramit Sethi by Ramit Sethi

Money For Couples with Ramit Sethi

3,450 Listeners

On The Market by BiggerPockets

On The Market

903 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

351 Listeners

The David Greene Show by David Greene

The David Greene Show

706 Listeners

Escape Student Loan Debt Podcast by EscapeStudentLoanDebtPodcast l Student Loan Strategies for the Established Professional

Escape Student Loan Debt Podcast

24 Listeners

Financially Free Era by SLP Wealth by Meagan McGuire

Financially Free Era by SLP Wealth

23 Listeners