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How to Lower Student Loan Payments - Queer Money Ep. 283

Season 1 Episode 283

Show Notes: https://queermoneypodcast.com/podcast/lower-student-loan-payments/

On this episode of Queer Money, Howard Divorkian joins us once more. This time to explain what it means to consolidate your student loan debt and why now is a good time to do so.

He shares the difference between federal and private student loans, introducing us to the government’s Public Service Loan Forgiveness or PSLF program and describing how to lower your interest rate on bank loans.

Listen in to understand why those of you on income-based repayment plans should still check into student loan debt consolidation and find out how where to go for help navigating the process!

Topics Covered

What it means to consolidate your student loan debt
The difference between federal student loans and private student loans
How people who work for nonprofits and government agencies can register to eliminate their federal student loan debt at the end of 10 years
Where to go for help with student loan debt consolidation
How to consolidate private student loan debt and lower your interest rate
Why now is a good time to consolidate private student loan debt
Why Howard doesn’t advise consolidating government and private student loans together
How Debt.com helps you navigate the student loan debt consolidation process
Why you should still check into student loan debt consolidation even if you’re on an income-based repayment plan or part of the PSLF program

Additional Resources

Mentioned in this episode:

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Published on 4 years, 2 months ago

Podcast Episode Details

How to Lower Student Loan Payments - Queer Money Ep. 283