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Why Refinancing During Residency is Usually a Bad Idea
- October 7, 2017
- Posted by: Travis
- Category: Doctor
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There are big changes happening that will make refinancing as a resident way easier than it’s been in the past. Sofi has declared their intention to start offering residency refinancing close to the rates you’d get as an attending physician. This brings competition into a market that has long been dominated by Laurel Road, the
Extended and Graduated Repayment Plans are Terrible
- September 25, 2017
- Posted by: Travis
- Category: Income Driven Repayment
In almost every circumstance where you have student loans with over 5% interest, the Extended and Graduated repayment plans are a bad idea. However, if you look at the stats from the federal government, hundreds of thousands of people use them. I literally have no idea why. After you read this article, maybe you’ll understand.
St George’s University: Guide to Recovery from Their Ridiculous Tuition
- September 12, 2017
- Posted by: Travis
- Category: Doctor, Veterinarian
Perhaps no one else in the country has counseled more St George’s University graduates than I have on student loans. At Student Loan Planner, we’ve talked to folks in eye popping amounts of debt. There’s no way that the projected cost of education on the school’s website accurately warns students in my view. Let me
Student Loan Freedom and the Car that’s Getting Us There
- September 7, 2017
- Posted by: Travis
- Category: Doctor, Marriage
A look behind the curtain here folks. We’ve got a lot of student debt too, or at least it feels like a lot. I started Student Loan Planner after helping my fiancee Christine put together a plan for her $124,000 med school loans. We decided student loan freedom is what we’re after. So far, we’ve
PsyD Programs: How to Handle the Ridiculous Cost
- August 17, 2017
- Posted by: Travis
- Category: Psychologist
You wanted to be a clinical psychologist. The problem is that funded PhD programs want folks interested in research. To top it off, funded positions are really hard to get. Hence, PsyD programs sprung up in earnest after the Vail conference. Unfortunately, the high cost of PsyD programs grew even faster than enrollments. The untold
Single Servicer Failure: What is Means For You
- August 7, 2017
- Posted by: Travis
- Category: Government, News
This administration seems like it’s getting good at “oops just kidding” policy proposals. The latest comes out of DeVos’s Education Department. I don’t know if you heard, but she’s nixing the idea to merge all student loan servicing to one company. Here’s some of my thoughts on the proposal’s failure and what it means for
Discover Student Loans Cost Way Too Much
- July 26, 2017
- Posted by: Travis
- Category: Student loan Servicers
Before someone at Discover gets super mad at me, I want to preface this article by saying that relatively low cost Discover student loans do exist. However, the ones that I’ve seen have been at the kind of interest rates you’d assume the mob would lend at. I’m talking 9, 10, 11, and even 12%
New Milestone: Now Helping Clients with $100 Million+ in Student Debt
- July 19, 2017
- Posted by: Travis
- Category: News
I write this post excited and humbled that 362 clients are trusting Student Loan Planner to help them pay back $100 million in student debt now. The last time I did a milestone update was for passing $50 million in late March. Even better, these individuals are now on track to saved a projected $25
When Dental Students Should Avoid Grad Plus Like the Plague
- July 17, 2017
- Posted by: Travis
- Category: Dentist
If you’re financing your dental school education, chances are your school is offering you Grad Plus loans as part of your financial aid package. If you owe so much that you’ll never be able to pay back your loans, then Grad Plus can be ok. However, many dental students though are losing thousands of dollars
Seminary School Loans: How to Pay Them and Focus on Your Calling
- July 11, 2017
- Posted by: Travis
- Category: Seminary
Before the era of debt financed education, I doubt pastors and ministers faced anything like the student loan burdens of today. In the modern era, future religious leaders must contend with indebtedness from 2 sources. To get to seminary, you probably have to go to college and incur undergrad student loan debt. Then you go
