8 COMMON PUBLIC SERVICE LOAN FORGIVENESS MISTAKES

8 COMMON PUBLIC SERVICE LOAN FORGIVENESS MISTAKES

If you are employed full-time by a government or not-for-profit organization, you may be able to receive loan forgiveness after making 120 qualifying payments (10 years), thanks to the Public Service Loan Forgiveness (PSLF) Program. But loan forgiveness is not automatic. There are a number of specific requirements you must meet. If you want to make sure you’re on the right track, avoid these common mistakes: 1. Not submitting an Employment Certification Form each year Submitting an Empl....

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CAN THE STUDENT LOAN SITUATION GET ANY WORSE?...YES IT CAN

CAN THE STUDENT LOAN SITUATION GET ANY WORSE?...YES IT CAN

Can the student loan situation get any worse? For starters, student loan debt just hit $1.5 trillion. According to federalreserve.gov, we achieved this milestone during the first quarter of 2018. It appears that outstanding student debt now exceeds auto loan debt ($1.1 trillion) and credit card debt ($977 billion). Today, Americans are more burdened by student loan debt than ever. About four in 10 people who’ve gone to college have taken out loans to pay for school. Here are some other surpri....

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SAVE THOUSANDS IN EDUCATION COSTS BY GETTING COLLEGE CREDIT WHILE STILL IN HIGH SCHOOL

SAVE THOUSANDS IN EDUCATION COSTS BY GETTING COLLEGE CREDIT WHILE STILL IN HIGH SCHOOL

Someday in the future, most college courses will be offered online, especially all the introductory courses. Only hands-on training will be provided live. Until that day comes around, one of the best ways to reduce the cost of college is for the student to get college credit while still in high school, or during summers. There is a significant amount of overlap between high school courses and introductory-level college courses. Students can be more efficient with their time by earning colleg....

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YOU IMPLEMENT FINANCIAL PLANS FOR CLIENTS, BUT HAVE YOU IMPLEMENTED A COLLEGE MARKETING PLAN FOR YOUR PRACTICE?

YOU IMPLEMENT FINANCIAL PLANS FOR CLIENTS, BUT HAVE YOU IMPLEMENTED A COLLEGE MARKETING PLAN FOR YOUR PRACTICE?

As financial professionals, we spend a lot of time explaining and reinforcing to our clients the importance of following a financial plan. However, only a small percentage of advisors take advice when it comes to our marketing plans. Many take on a haphazard approach that consists of an occasional seminar or mailing piece. To create a marketing plan that consistently connects you with prospective clients, you first need to identify your ideal prospect and discover the best way to reach them. ....

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