Student Loan Planner

Why Median & Average Student Loan Statistics Are Ridiculous


Listen Later

If you've ever been told the average student loan debt for your program or degree, this episode is for you. Join me for a Q&A followed by a discussion on why focusing on median and average student loan debt statistics is a waste of time, and why those statistics cause all kinds of problems when it comes to higher education policy.

In today's episode, you'll find out:

  • Listener questions about recent student loan volatility
  • How part-time hours can qualify you for PSLF
  • How to use strategic refinancing to repay your student loans
  • How to get your student loan questions answered by Travis
  • Why you probably shouldn't expect student debt cancellation during the Biden administration
  • Possible changes to the PSLF program in the next few years
  • Why the average and median student loan statistic is extremely flawed
  • How to calculate the true cost of attendance for your program of choice
  • Why schools never disclose tuition inflation, loan fees, or interest fees
  • Why statistics aren't reliable
  • Why you shouldn't focus on student loan debt and what to focus on instead

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

  • Follow on Apple Podcasts, Spotify or Google Podcasts
  • Leave an honest review on Apple Podcasts
  • Follow on Facebook, Twitter, or LinkedIn

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
...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

16,738 Listeners

So Money with Farnoosh Torabi by Farnoosh Torabi

So Money with Farnoosh Torabi

1,960 Listeners

ChooseFI by ChooseFI

ChooseFI

5,152 Listeners

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

White Coat Investor Podcast

2,456 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,085 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

1,825 Listeners

The Personal Finance Podcast by Andrew Giancola

The Personal Finance Podcast

1,431 Listeners

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

All the Hacks: Money, Points & Life

1,615 Listeners

Money For Couples with Ramit Sethi by Ramit Sethi

Money For Couples with Ramit Sethi

3,454 Listeners

On The Market by BiggerPockets

On The Market

905 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

356 Listeners

The David Greene Show by David Greene

The David Greene Show

707 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

25 Listeners