Share
Money Talks
Money Talks: Student Loans 2022
According to the Mississippi State Treasurer’s office, the average Mississippi student graduates college with $30,000 worth of debt. Also, 30% of these graduates are reporting delaying major life milestones (getting married, buying a house or car, and even having kids!) We'll discuss and answer questions about student loans.
Blog post that the New Perspectives interns wrote that ties in with the episode of Money Talks about mortgages:
https://newper.blogspot.com/2022/06/heloc-vs-cash-out-refinance.html
Compete to Complete: http://moneytalks.mpbonline.org/5cd31f1533f6c1be55607d6e
COVID-19 Emergency Relief and Federal Student Aid
On April 6, 2022, the U.S. Department of Education (ED) extended the student loan payment pause through Aug. 31, 2022. The pause includes the following relief measures for eligible loans:
- a suspension of loan payments
- a 0% interest rate
- stopped collections on defaulted loans
https://studentaid.gov/announcements-events/covid-19
FAFSA website: https://studentaid.gov/h/apply-for-aid/fafsa
Subsidized and unsubsidized loans
Private and government loans
Private education loans are not eligible for consolidation, but for some Direct Consolidation Loan repayment plans, the total amount of your education loan debt—including any private education loans—determines how long you have to repay your Direct Consolidation Loan.
Direct PLUS Loans received by parents to help pay for a dependent student’s education cannot be consolidated together with federal student loans that the student received. https://studentaid.gov/manage-loans/consolidation
Questions:
- Retired and paying student loans
- Private loans
- Loan not reported on credit report
- Subsidized
- For profit college
More episodes
View all episodes
Money Talks | Teaching kids about personal finance
48:25|Money Talks is hosted by Ryder Taff, Managing Partner at New Perspectives and Meredith DeLaune, Financial Planner at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, they talk about teaching kids good money management habits. If you enjoy listening to this podcast, please consider contributing to MPB. https://donate.mpbfoundation.org/mspb/podcast.Money Talks | Credit Repair
48:22|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Managing Partner at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, Nancy and Ryder invite credit repair specialist Courtney Prices as their guest. If you enjoy listening to this podcast, please consider contributing to MPB. https://donate.mpbfoundation.org/mspb/podcast.Money Talks | Space X IPO and cutting housing expenses
48:09|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Managing Partner at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, Nancy and Ryder discuss the Space X IPO and share tips for cutting housing expenses.If you enjoy listening to this podcast, please consider contributing to MPB. https://donate.mpbfoundation.org/mspb/podcast.Money Talks | Stretching your paycheck dollars
48:41|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Managing Partner at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we talk about ways to stretch your paycheck dollars. If you enjoy listening to this podcast, please consider contributing to MPB. https://donate.mpbfoundation.org/mspb/podcast.Money Talks | Virtual credit cards
48:46|Money Talks is hosted by Ryder Taff, Managing Partner at New Perspectives and Meredith DeLaune, Certified Financial Planner at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, Ryder and Meredith discuss virtual credit cards, financial therapists and gifting stocks. If you enjoy listening to this podcast, please consider contributing to MPB. https://donate.mpbfoundation.org/mspb/podcast.Money Talks | starting a new job
48:43|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Managing Partner at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, Ryder and Nancy talk about things to do when starting a new job and answer listener questions about investing and saving for retirement. If you enjoy listening to this podcast, please consider contributing to MPB. https://donate.mpbfoundation.org/mspb/podcast.Money Talks | Taxes
48:25|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Managing Partner at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, Ryder and Nancy talk to CPA's Judy Shannon and Michelle Stonestreet from Matthews, Cutrer and Lindsey about taxes. If you enjoy listening to this podcast, please consider contributing to MPB. https://donate.mpbfoundation.org/mspb/podcast.Money Talks | Planning a family vacation
48:34|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Managing Partner at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we discuss things not to keep in a purse or wallet and share some tips for planning a family vacation. If you enjoy listening to this podcast, please consider contributing to MPB. https://donate.mpbfoundation.org/mspb/podcast.Money Talks | Bare Bones Budget
48:00|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Meredith DeLaune, financial planner at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we talk about a "bare bones" budget. If you enjoy listening to this podcast, please consider contributing to MPB. https://donate.mpbfoundation.org/mspb/podcast