Stephen and his new wife have $215,000 of student loan debt and they don't know what to do next. They are considering Income-Based Repayment (IBR) but aren't sure if that is the right thing to do.
Financial expert Anthony ONeal joins me to help answer Stephen's question. We discuss all things student loans including what IBR is, how student loan refinancing fits in and Anthony's take on student loan forgiveness.
Anthony ONeal (Website): https://www.ramseysolutions.com/anthony-oneal
Destroy Your Student Loan Debt (Book): https://amzn.to/3339aCE
Refinance Student Loans (SoFi): HTTP://www.marriagekidsandmoney.com/sofi
Can't figure out how to stick to your budget and crush that debt? The Budget Mom, Kumiko Love tells us how to do just that.
We first review how she eliminated $77k of debt in just 8 months and then went on to purchase her home for cash.
After that, she shares 5 helpful tips for others who are looking to pay off their debt and achieve their financial freedom goals.