Stock market volatility, staggering unemployment, and a global pandemic. It’s no wonder that people keep talking about how different our world feels right now. In times of uncertainty, people find themselves with more questions than answers. That’s certainly true for student loans and Coronavirus.
To make sense of these unprecedented times and the impact on student loans, I sat down with Robert Farrington, a student loan expert and founder of The College Investor.
Student loans are confusing enough as it is. With student loans and COVID, there is a lot of unpacking. That’s why Robert breaks down the CARES Act and explains why you actually shouldn’t pay your federal loans right now.
With our country currently drowning in $1.5 Trillion of student debt, it’s fair to say we have a big problem on our hands. This problem is hitting home as well. Couples are delaying marriage, delaying having a baby and even strategically getting divorced to lessen the burden of their student loans.
If you’re listening to this, you may just be one of the many Americans that’s feeling like they are completely under water with these loans.
Well today, I have a very special guest who’s going to talk with us about our options for getting rid of these loans the right way. Travis Hornsby from Student Loan Planner shares how refinancing and student loan forgiveness may be our tickets to student debt freedom.