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Public Student Loan Forgiveness Program

Public Student Loan Forgiveness Program

 

It’s time for part two of my student loan shows. The Public Student Loan Forgiveness Program has a big perk from serving in the military—student loan forgiveness. Sadly, not as many people use it as should.

 

In this second episode, Adam Hagerman explains what you need to know about the PSLF to take advantage of the program.

 

Adam is an AFC®, CFP®, with a mission to provide financial education that is easy to understand and free from outside influence.

 

In addition to his financial education site, Adam also works full-time as a civilian for the federal government. In his position, he’s provided financial coaching and education to thousands of civilian and military employees over the past 10 years.

 

Adam shares the program, who it’s for, when you should start submitting your information and avoiding mistakes.

 

Thank You!

Navy Federal Credit Union provides support for the Military Money Show. Navy Federal makes it easy to buy a car with their loan process. You can apply on their app, online, or if you prefer, you can apply by phone. You’ll get a decision in seconds. Another perk is Navy Federal’s Car Buying Service powered by TrueCar where you can shop, compare,
and get upfront pricing on your next new or used car. You can find out more at navyfederal.org.

 

Public Student Loan Forgiveness Program Episode Details

  • Basics of the program
  • Examples of qualifying employers
  • Importance of understanding your payment plan
  • Types of loans and which ones qualify
  • Changing employers
  • Places to find help
  • Common errors to avoid
  • How to get started
  • Importance of checking your status yearly

Related: Picking The Best 529 Plan-College Savings Day

 

PSLFP Resources

More Podcast: Limited Public Service Loan Forgiveness Waiver

 

Got Money Questions?

Get them answered on the show. Submit your questions here.

 

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Disclosure

These notes may contain links to our affiliate products or services, which means I might get compensation when you click or buy. That said, I’m only going to put affiliate links that are in line with our podcast discussion.

 

If you want to “kickstart” your finances in the military, you can get access to my free Financial Kickstart Kit here.

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