A new student loan payment plan is rolling out this summer - the SAVE student loan payment plan is replacing REPAYE as one of the income driven repayment plans and it's a great way to ...well...save money on your student loan payments. In this video I give you all the big highlights of this new way to pay off your student loans (spoiler alert: student loan forgiveness after 20 or 25 years!)
- What is the SAVE plan? - including what's rolling out this summer and what you'll have to wait for next summer
- SAVE plan and PSLF
-How to enroll in the new SAVE plan

Enjoy!

Links mentioned:
⭐ Student Loan Simulator to calculate your student loan payments: [ Ссылка ]
⭐ NordPass Password Manager (affiliate link but I used them for years before becoming an affiliate) [ Ссылка ]
⭐ SAVE Factsheet: [ Ссылка ]
⭐ More info on the SAVE plan: [ Ссылка ]
⭐ To apply for the SAVE plan: [ Ссылка ]

🎁 DOWNLOAD MY STUDENT LOAN CHEAT SHEET THAT GOES OVER 13 DIFFERENT FEDERAL STUDENT LOAN FORGIVENESS PROGRAMS 🎁

Get the Cheat Sheet here: [ Ссылка ]


🎁 Get the 1-MINUTE MONEY MOVES checklist that will help you *save more, stress less, and get control 🎁
[ Ссылка ]


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Ms. Moody - former librarian, current financial feminist, and money educator.

Join the club to chat moolah with like-minded women - Scrimpin' Ain't Easy, just like the library, we're talking stacks on stacks on stacks. www.facebook.com/msmoodymoney/groups/scrimpin

Wanna read a good money book for beginners?
"The Index Card" by Helaine Olen and Harold Pollack
- Get it from your public library: [ Ссылка ]
- Get it from Amazon: [ Ссылка ] (To keep my videos free, this is an affiliate link meaning I may receive a portion of the purchase price - thank you for supporting this work!)
-Get it from a local bookstore: [ Ссылка ]

...Looking for a book a bit more advanced?
"Dumb Things Smart People Do With Their Money" by Jill Schlesinger:
- Get it at your local public library: [ Ссылка ]
- Get it from Amazon: [ Ссылка ] (To keep my videos free, this is an affiliate link meaning I may receive a portion of the purchase price - thank you for supporting this work!)
- Get it from a local bookstore: [ Ссылка ]

Thanks for watching!

Heads up: All the content is for educational purposes only. Ms. Moody is not a licensed financial advisor; she’s a librarian, money nerd, and educator. As personal finance is personal, to find out what is best for you, consult a financial professional. Users are solely responsible for any actions they take.

This video is protected under US Copyright law. If you would like to reuse any of it for your own work, you must have explicit permission from the creator (Ms. Moody). Please contact me for permission before using any part of the video.


Chapters:

00:00 - 00:33 Intro
00:34 - 3:39 SAVE student loan plan 2023
3:40 - 5:06 SAVE student loan plan 2024
5:07 - 5:30 SAVE plan and PSLF
5:31 - 6:01 SAVE plan requirements
6:02 - 7:08 How to apply to the SAVE plan

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