Robert Lopez, CFP® and YFP Planning Lead Planner, discusses the current state of the PSLF program, plus three pharmacists share their PSLF success stories. Key Points From This Episode

• Introducing today's topic: the PSLF success stories of three pharmacists.
• A reminder of who Robert Lopez is and his role at Your Financial Pharmacist.
• An overview of the first and second half of the show and what we will cover.
• The basics of PSLF, Public Service Loan Forgiveness, and who qualifies.
• Which changes were made to the rules of PSLF.
• What the big news comes down to: you don't have to rule out forgiveness.
• What the limited waiver meant for those in the military.
• Optimization strategy with PSLF and how Robert recommends you reallocate your finances.
• The benefit of switching to a lower payment plan while achieving a long-term forgiveness plan.
• An introduction to Kimberly Gale's journey into the world of pharmacy.
• The amount of debt she graduated with and how much was ultimately forgiven.
• How she discovered PSLF through a friend's recommendation.
• Challenges she faced along the way, including communication at the beginning.
• How PSLF helped her to afford the lifestyle she wanted for her family.
• Ashley Hicks' story of gravitating towards pharmacy because of her love for people.
• How much Ashley ultimately had forgiven through PSLF.
• The challenge that uncertainty and anxiety posed within her PSLF process.
• How optimization and strategy can help navigate late discovery loans.
• The opportunities that PSLF opened up for her and her husband to focus on other goals.
• Meet Kyle Sobecki and learn about his work as a pharmacist in a nonprofit hospital.
• Kyle's story of having had exactly $189,038.72 forgiven.
• Homework he has done along the way leading up to choosing PSLF.
• How PSLF works when you work for a non-profit.
• Uncertainties and challenges he had along the way.
• His advice with regards to filing your paperwork on time each year.
• Goals the PSLF plan freed Kyle up to pursue including paying off personal debt.

Links Mentioned in Today's Episode

• YFP Planning: Financial Planning for Pharmacists
• Schedule a free Discovery Call with YFP Planning
• YFP 214: How Anna Got $127k Forgiven Through PSLF
• Ask a YFP CFP® 090: How can I decide if pursuing PSLF will be beneficial for me at this point in my payoff journey?
• PSLF Help Tool
• The Your Financial Pharmacist Podcast
• Learn More About Our 1:1 Student Loan Analysis with a CFP®: use code YFP for 10% off
• Your Financial Pharmacist Disclaimer and Disclosures