Help Figuring Out Student Loans
Figuring out how to manage students loans is becoming more and more complicated each year with ICR, IBR, PAYE, REPAYE, PSLF, LRAP and other repayment programs. Additionally, there are now dozens and dozens of companies and banks offering to refinance your student loans, each with their own nuances and some that will even let you refinance with only an offer letter before you start working.
Making the right decision can save you tens of thousands of dollars and even if you’re fairly confident that you’re on the right path, there’s a lot of value in getting a professional’s opinion on the subject.
The advisors on this page specialize in student loan management and spend hours and hours each day talking with borrowers, giving them an insight into repayment and refinancing plans that are truly unique. Unfortunately, many financial advisors don’t know the details of this rapidly changing industry and programs, nor do they have the experience of working with hundreds (if not thousands) of borrowers. Everyone listed on the page below is a paid advertiser of the site who has been vetted by me.
Student Loan Planner
Student Loan Planner was founded by Travis Hornsby, a former bond trader on Wall Street. He has been featured in previous guest posts and is a frequent commenter on the Biglaw Investor. For Biglaw Investor readers, he offers the following services:
- Analyze and choose the right income driven repayment plan to save money if you’re pursuing forgiveness.
- Help you shop for the best refinance rate, if applicable.
- Review your plan and serve as a “gut check”.
- Let you know if there’s anything you didn’t think of because you didn’t know about it.
- His entire service includes an hour phone call plus follow up email correspondence and fees are fixed at a flat rate of $199 for individual and $299 for couples until August 31st, when rates are going up to$249 for individuals and $349 for couples.
I’ve personally spent hours on the phone with Travis and he remains my first choice resource when a reader contacts me with particularly difficult student loan problems. If you want his advice, start by filling out the consult form and then schedule an hour call.