The whiplash student loan borrowers have experienced over the past few years has been staggering. Payments paused, forgiveness promised, forgiveness blocked, repayment systems rewritten, and now wage garnishment is back on the table for some folks. It’s no wonder navigating student loans has become a specialized skill. Few people know that landscape better than attorney Stanley Tate. He’s helped hundreds of borrowers get out of default, qualify for forgiveness programs, secure affordable payments, negotiate settlements, stop garnishments, and even discharge student loans in bankruptcy. Through his blog, newsletter, and videos, Tate has offered guidance to countless others. Some of the topics covered today:
How much time borrowers in default have had to address the elephant in the room
Why income-driven repayment plans are crucial for many borrowers
Why private student loans are expected to see a resurgence
Borrowers often misunderstand their repayment options and forgiveness paths
How emotional decisions often overshadow financial reasoning in education funding
The biggest student loan mistake that his clients make
Living life fully is essential, even amidst student loan burdens
And much more!

Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances:
Stanley Tate: Newsletter, tools, and other resources up on his site and he’s got a great YouTube channel as well.
Credit card perks: Check out our favorite credit cards that we use to maximize rewards and optimize our spending.
Money Gears: knowing what to do with your money is crucial to your personal finance journey.
Newsletter: Sign up for the weekly HTM newsletter. It’s fun, free, & practical.
Other money nerds: Find a thriving community of fellow money nerds by joining the HTM Facebook group!

 

And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

 

Best friends out!

The whiplash student loan borrowers have experienced over the past few years has been staggering. Payments paused, forgiveness promised, forgiveness blocked, repayment systems rewritten, and now wage garnishment is back on the table for some folks. It&rsquo;s no wonder navigating student loans has become a specialized skill. Few people know that landscape better than attorney Stanley Tate. He&rsquo;s helped hundreds of borrowers get out of default, qualify for forgiveness programs, secure affordable payments, negotiate settlements, stop garnishments, and even discharge student loans in bankruptcy. Through his blog, newsletter, and videos, Tate has offered guidance to countless others. Some of the topics covered today:
<ul>
<li aria-level="1">How much time borrowers in default have had to address the elephant in the room</li>
<li aria-level="1">Why income-driven repayment plans are crucial for many borrowers</li>
<li aria-level="1">Why private student loans are expected to see a resurgence</li>
<li aria-level="1">Borrowers often misunderstand their repayment options and forgiveness paths</li>
<li aria-level="1">How emotional decisions often overshadow financial reasoning in education funding</li>
<li aria-level="1">The biggest student loan mistake that his clients make</li>
<li aria-level="1">Living life fully is essential, even amidst student loan burdens</li>
<li aria-level="1">And much more!</li>
</ul>
Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances:
<ul>
<li aria-level="1">Stanley Tate: Newsletter, tools, and other resources <a href="https://www.tateesq.com/">up on his site</a> and he&rsquo;s got a <a href="https://www.youtube.com/@stanleytate/featured">great YouTube channel</a> as well.</li>
<li aria-level="1">Credit card perks: Check out <a href="https://go.nextcard.com/shau19-htmomny">our favorite credit cards</a> that we use to maximize rewards and optimize our spending.</li>
<li aria-level="1">Money Gears: knowing <a href="https://www.howtomoney.com/start-here/">what to do with your money</a> is crucial to your personal finance journey.</li>
<li aria-level="1">Newsletter: Sign up for the weekly <a href="https://www.howtomoney.com/newsletter/">HTM newsletter</a>. It&rsquo;s fun, free, &amp; practical.</li>
<li aria-level="1">Other money nerds: Find a thriving community of fellow money nerds by joining the <a href="https://www.facebook.com/groups/1623670287732189">HTM Facebook group!</a></li>
</ul>
&nbsp;
And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you&rsquo;re not already a regular listener, and <a href="https://podcasts.apple.com/us/podcast/how-to-money/id1337718773?mt=2">give us a quick review in Apple Podcasts</a> or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!
&nbsp;
Best friends out!

Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living a rich life.

How to Money

Student Loan Chaos Explained w/ Stanley Tate #1094

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3c370731-f0fa-4b65-a49b-b3de01402a0f/transcript