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What is the Worth Listening Podcast?
In short, it’s a podcast about all things money! Our guests are millennials and professional athletes because what better way to learn than from peers in a similar situation.

Host Lauryn Williams, financial planner and Olympian leads in-depth conversations with guests, having them share what she calls their "money memoir" to offer insight into how money works in their sport or profession.

Learn more about Lauryn and Worth Listening at Worth-Winning.com

  1. All Episodes
  2. Student Loan Chaos: What You Must Know Before the End of 2024

Student Loan Chaos: What You Must Know Before the End of 2024

Dec 3, 2024

Lauryn Williams dives deep into the complexities of the student loan world. From the SAVE plan and income-driven repayment options to Parent PLUS loans and Public Service Loan Forgiveness (PSLF), Lauryn shares valuable insights to help borrowers navigate uncertainty and take control of their financial future. Whether you're juggling six-figure debt or looking to maximize repayment strategies, this episode offers actionable advice for optimizing your student loans during a time of legislative and administrative changes.

What You’ll Learn in This Episode:

Lauryn breaks down the latest developments in the student loan world, offering actionable steps for borrowers. Whether you're pursuing forgiveness, managing Parent PLUS loans, or wondering how the SAVE plan impacts you, this episode provides clarity to help you prepare for the end of 2024 and beyond.

 

Key Takeaways Include:

  • Lauryn’s journey to becoming a student loan expert and why helping borrowers is so rewarding.

  • The challenges with the SAVE forbearance plan and its impact on borrowers seeking Public Service Loan Forgiveness (PSLF).

  • Why PAYE and IBR repayment plans might be the safest options amid ongoing changes.

  • The importance of stacking cash if you’re on SAVE forbearance and aiming to pay off your loans.

  • How the PSLF buyback program works and what to consider before it changes.

  • Strategies for Parent PLUS loans, including the double consolidation loophole and why time is of the essence.

  • Updates on the IDR account adjustment and why it’s critical for borrowers before administration changes.

  • December’s flurry of anticipated updates and how to prepare without missing key opportunities.

Links & Resources Mentioned

 

About Lauryn Williams

Lauryn Williams is a Certified Financial Planner, Olympian, and financial educator passionate about helping people take control of their finances. Lauryn also hosts the Welcome to Wealth Retreats, designed to help individuals create actionable financial plans while traveling and experiencing new cultures. Learn more about her speaking services and retreats [here].

 

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Connect with Lauryn on LinkedIn: linkedin.com/in/lauryn-williams