Major student loan repayment changes are here, and borrowers on the SAVE Plan may have only 90 days after receiving their notice to choose a new repayment option. In this episode of Dollars & Sense, Chet Cowart and Kristin Kalley break down what happened to the SAVE Plan, why doing nothing could automatically move borrowers into a Tiered Standard Repayment Plan, and how that choice could affect monthly payments, Public Service Loan Forgiveness, and long-term financial planning.
You’ll learn how Income-Based Repayment, the new Repayment Assistance Plan, and fixed repayment plans compare; why recertification matters; and what borrowers should consider before choosing a new plan. The episode also covers how market leadership may be shifting beyond big technology stocks and why diversification, valuation, and concentration risk matter for investors approaching retirement.
Topics covered:
- 90-day repayment deadline
- student loan repayment options
- Public Service Loan Forgiveness
- recertification strategies
- tax filing considerations
- market leadership changes
- AI and tech stock concentration
💵 About Dollars & Sense: 💵
Hosted by Joel Garris, a Certified Financial Planner and Fiduciary at Nelson Financial Planning, Dollars & Sense is one of Central Florida’s longest-running radio programs and a top 25 financial planning podcast. Each week, Joel and his team provide expert insights to help you make sense of all your financial decisions.
👉 Visit our website: nelsonfinancialplanning.com for more resources and to connect with our team of Certified Financial Fiduciaries.
About Joel Garris:
Joel Garris is a Certified Financial Planner and Fiduciary at Nelson Financial Planning. He’s dedicated to providing comprehensive financial advice to help you achieve your retirement goals. With a team of expert advisors, Nelson Financial Planning is committed to delivering personalized and effective retirement and financial planning solutions.
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