VIN Foundation | Climbing Mt Debt | SVP 11.12.24

Climbing Mt. Debt: Navigating your student loans and recent changes to repayment

The student debt roller coaster ride continues. What is going on with federal student loan repayment? A recent court order blocked the SAVE plan (formerly known as REPAYE), but it has impacted other income-driven plans like PAYE too. Learn the latest information you need to stay on track with your student loan repayment strategy.

SVP and VIN Foundation are collaborating on this webinar, presented by VIN and VIN Foundation Student Debt Education team members Tony Bartels DVM, MBA, and Rebecca Mears, DVM. Learn more about the recent student loan repayment changes you need to know, including how those changes may impact your repayment plans.

During this session, Tony and Rebecca help you navigate the recent repayment uncertainty:
1) The latest on the the SAVE plan block and impacts to other income-driven plans
2) Identifying your repayment plan, current repayment status, and IDR anniversary date
3) Accessing your qualifying forgiveness payment count adjustment
4) Optimizing your loans for the short and long-term
5) Your student loan and repayment questions

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“Worrying is paying interest on a debt you might not even owe.” Mark Twain
My grandmother kept a copy of this quote in the kitchen. I didn’t understand it as a kid. I didn’t fully understand it until I had student loans.

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Excellent video. I just learned that my employer offers a Roth 401k. I plan to get married in the next two years but was only aware of Roth IRA options to prepare for the potential tax bomb. If you’re married and file taxes separately, you cannot contribute to a Roth IRA. I didn’t think that I’d have any options to save for the tax bomb until I I discovered that my employer offers a Roth 401k. A Roth 401k does not have the limitations based on amounts and tax filing status that a Roth IRA has. I think a video explaining the difference would be helpful, as I didn’t become aware of the difference until recently. Thank you