On Saturday October 19, Rae Kaplan, founder of Kaplan Law Firm, appeared on WGN Radio 720 to discuss key strategies for pre-college planning and ways to get student loans forgiven faster.
If you missed the broadcast, don’t worry—here’s the link to the full interview followed by some additional commentary!
Link to full interview → https://wgnradio.com/home-sweet-home-chicago/what-to-do-if-you-are-in-forbearance-on-the-save-plan/
During the interview, Rae provided important updates on the Public Service Loan Forgiveness (PSLF) program. These updates may allow borrowers to receive credit for previous periods of public service employment, potentially reducing their repayment time by four years or more! This is great news for those working in public service who are seeking relief from student loan debt.
Smart Pre-College Planning: Save Tens of Thousands on College Tuition
One of the key points Rae emphasized during the interview was the importance of smart pre-college planning for parents and students. With the rising cost of higher education, planning early can save families tens of thousands of dollars in tuition. Rae explained that pre-college planning goes beyond applying for scholarships or getting accepted to a top-tier school—it requires a strategic approach to managing finances well in advance of college applications.
Rae highlighted several key strategies, including how to properly utilize different financial accounts for tuition payments and how to maximize financial aid eligibility by understanding how income and assets are evaluated. With these insights, families can make informed decisions that significantly lower their college costs.
Helpful and Practical Advice on Student Loans and College Costs
Rae Kaplan has helped countless families navigate the complexities of financing higher education, and her interview offered practical advice that can benefit both parents and students. From reducing future student loan debt to understanding PSLF program updates, Rae’s insights can provide a clearer path to financial success when it comes to college planning.
If you missed this informative session, keep an eye on Kaplan Law Firm’s blog for more updates, news, and strategies to help you manage student loans and college costs effectively.
