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 | Finding Value
48:33|Money Talks is hosted by Ryder Taff, Portfolio Manager at New Perspectives. In this episode, we talk about rising food prices, moving stocks from one broker to another, finding value in purchases and saving money while shopping. To email a question to the show, send it to money@mpbonline.org. If you enjoy listening to this podcast, please consider contributing to MPB. https://donate.mpbfoundation.org/mspb/podcast.Money Talks| Cultivating a healhty financial outlook
48:21|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we talk about cultivating a healthy financial outlook and answer listener questions about Exchange Traded Funds and 401 K accounts. If you enjoy listening to this podcast, please consider contributing to MPB. https://donate.mpbfoundation.org/mspb/podcast.Money Talks| Listener questions answwered
49:36|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, Nancy and Ryder answer questions about taxes on Social Security, mortgages and ways to provide from a grandchild's education. If you enjoy listening to this podcast, please consider contributing to MPB. https://donate.mpbfoundation.org/mspb/podcast.Money Talks\ More advice from Susie Orman
48:22|Money Talks is hosted by Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we share some personal finance advice from podcaster Susie Orman. If you enjoy listening to this podcast, please consider contributing to MPB. https://donate.mpbfoundation.org/mspb/podcast.Money Talks| Nokbox
48:49|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we talk to Maria Fraietta, owner of Nokbox, a product that helps organize important financial documents. If you enjoy listening to this podcast, please consider contributing to MPB. https://donate.mpbfoundation.org/mspb/podcast.Money Talks | Money saving tips and listener phone calls
48:36|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, they talk about the importance of saving and answer a listener question about the value of joining AARP.Money Talks| Car buying
48:04|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we talk about buying a car with Joseph Yoon from Edmonds.com.Money Talks| Personal finance traps to avoid
47:58|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we talk about personal finance traps to avoid.Money Talks| MS ABLE
49:37|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we visit with the head of MS ABLE, Josh Woodward. ABLE is a program that provides supplemental income to Mississippians with disabilities without jeopardizing any public assistance they receive.