With the student loan pause coming to an end and a new repayment plan announced, we wanted to answer your questions. And who better to help us break down the new Student Loan SAVE plan than Ryan Law.Ryan H. Law is an award-winning educator who teaches in the Personal Financial Planning program at Utah Valley University. He’s a Certified Financial Planner, an Accredited Financial Counselor®, past President of the AFCPE Board of Directors, and also a leading expert in student loans. In today's episode we discuss the benefits of the SAVE plan, how financial professionals can support their clients during this time, and 5 things we need to do now. Show Notes:1:41 Why repayments may return2:24 The current student loan landscape6:45 How to best support your clients with these changes8:27 Who is best suited for the SAVE loans9:24 Borrowers and calling their providers10:47 Ryan's recommended payment calculators11:03 Benefits to switching to SAVE plan11:52 Interest accumulation & rollover13:26 Other elements of this plan to be aware of13:59 Student loan forgiveness14:43 The PSLF program16:12 Budgeting for payments again19:09 Other resources to look for24:30 Ryan's 2 cents for clientsShow Note Links:Studentaid.govhttps://ryanhlaw.com/student-loan-save-plan/Want to get involved with AFCPE®?Here are a few places to start: Become a Member, Sign up for an Essentials Course, or Get AFC Certified today! Want to support the podcast? We love partnering with organizations that share our mission and values. Download our media kit.

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