Paying Nothing, Borrowing the Max, and What this Recession Means for Student Loan Policy
Most financial experts are telling you to pay extra on your student loans right now because of the 0% interest rate through the end of September. But I think that’s terrible advice! Find out why and what I think the unintended consequences will be of Congress trying to rescue borrowers amid the coronavirus outbreak. In today’s episode, you'll find out: Why you should pay nothing on your student loans How you could be a victim of a strategic layoff How to lower your payment if you have private student loans Why it’s okay to borrow the max amount of student loans What Congress did to make me think the tax bomb will disappear Some good news about student loan interest rates for next year What matters the most when it comes to student loan repayment Full show notes at: http://studentloanplanner.com/76
