Tag: Student Loans

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The Art of College Planning (Pt. 2) (Ep. 38)

The Art of College Planning (Pt. 2) (Ep. 38)

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Ever wondered how the FAFSA form could unlock hidden college funding?

Chart the unknown territories of college funding where host Jim McGovern unlocks the mysteries of the FAFSA form and beyond. Tailored for families on the journey of college financial planning, Jim reveals expert tactics for leveraging the FAFSA and unveils a treasure trove of funding strategies.

Key discussion points include:

  • Discover the latest shifts, key filing dates, eligibility secrets, and annual must-dos
  • Learn precise reporting, understand financial changes, and harness the Data Retrieval Tool
  • Insights on assets exempt from FAFSA and why all families should apply
  • Strategies for diverse family structures, including divorced parents and business owners
  • Insider tips on asset positioning and FAFSA reporting essentials
  • Dive into 529 plans, permanent life insurance, and Roth IRAs for college financing
  • And much more!

Resources:

Connect with McGovern Wealth Group:

Podcast: Play in new window | Download (Duration: 39:42 — 35.2MB) | Embed

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How To Survive Soaring College Costs (Ep. 37)

How To Survive Soaring College Costs (Ep. 37)

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From the moment a child is born, the talk about saving for college begins. But the burning question remains: Is the soaring cost of college worth it?

Navigate the intricate world of college planning with Jim McGovern in this compelling episode of Maximizing Outcomes as he dives into the complexities of college financing. This insightful discussion offers parents and students essential strategies for managing the escalating costs of higher education. This episode is a must-listen for anyone navigating the complexities of education and career choices.

Key discussion points include:

  • Exploring how education level impacts income and the financial perks of higher education
  • Examining the impact of soaring tuition on students working their way through college
  • Comparing costs and planning for public vs. private college education
  • Breaking down the PEGS strategy for smarter college planning
  • Highlighting early planning and smart cost negotiation for college
  • Exploring the differences between need-based and merit-based aid
  • Discussing community colleges and credit transfers as ways to cut college costs
  • And much more!

Resources:

Connect with McGovern Wealth Group:

Podcast: Play in new window | Download (Duration: 38:20 — 35.1MB) | Embed

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All The Ins And Outs of Student Loans With Mackensie Ellis (Ep.17)

All The Ins And Outs of Student Loans With Mackensie Ellis (Ep.17)

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If you’re feeling stressed about your student loans, we hope this episode can provide relief and support to help you clear your debts.

With the latest announced student loan forgiveness program, there have been many prompting questions about ways to control student loan debt. 

In this episode, Jim McGovern talks with Mackensie Ellis, manager of Business Development at GradFin, to discuss ways you can create a great action plan for your student loan debt. Mackensie will walk you through the loan forgiveness program, who qualifies, the go-to resources.

Mackensie discusses:

  • The repayment options that are available for student loans
  • The details regarding the student loan forgiveness program and who qualifies for it
  • How to strategically lower interest rates and free up cash flow while paying your student loans
  • Why now is the best time to be a public service worker if you have student loan debts
  • And more

Resources:

Connect With McGovern Wealth Group:

Connect With Mackensie Ellis:

About Our Guest:

Mackensie started as a Business Development Associate at GradFin in November 0f 2019. Prior to GradFin, she attended the University of Pittsburgh and received her degree in psychology. Mackensie has always had a love for sales which is what drew her to GradFin. She is originally from Pittsburgh and now lives in Philadelphia!

Podcast: Play in new window | Download (Duration: 47:10 — 43.2MB) | Embed

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