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Student Loan Planner

Travis Hornsby

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Travis helps you navigate the insane world of student loans, especially if you owe $20,000 to $1 million. If you've ever spent too much time on the phone with your loan servicer, this is the show for you. Every week we share tips on loan forgiveness, investing, crushing debt, and how to get to financial freedom when you owe more than most people's mortgage.
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The Student Loan Podcast

illÜstriam LLC

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Welcome to the Student Loan Podcast! Here you’ll find practical advice on tackling student loan debt, paying down your higher education expenses and inspiring stories about paying off student loans. Join Daphné Vanessa and Shamil Rodriguez as they discuss student loans, tuition, and everything in between.
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This podcast is about being smart with money and knowing the proper path to pay off a huge amount of debt in a relatively short time. My wife and I paid off $70,000 worth of debt and built-up $60,000 cash reserves in just under three years and I would love to help people on their debt free journey.
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EDCAP helps individuals in navigating the complexities of the student loan system. In our podcast, we delve into contemporary topics surrounding higher education financing, addressing concerns affecting both current and prospective student loan borrowers. As seasoned experts in student loans, we have assisted thousands of borrowers in securing millions in debt relief through our personalized counseling services. The Education Debt Consumer Assistance Program (EDCAP) is a program of the Commu ...
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The last few weeks have been a lot — election chaos, tensions running high, and now Thanksgiving is knocking on the door. If the thought of sitting at the table with family members who have very different opinions makes you cringe, you’re not alone. We've brainstormed tons of fun and unconventional methods to sidestep political tension, avoid unnec…
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In this episode of Finding Financial Freedom, author and entrepreneur David Barnett navigates the ins and outs of buying, running, and selling small to medium sized businesses. With years of hands-on experience, David offers insights designed to explain the complexities of entrepreneurship, empowering listeners to approach each stage of business ow…
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It’s an unlikely scenario, but the possibility of President Trump abolishing the Department of Education in his second term is a hot topic that’s sparked questions and concerns among student loan borrowers. We’ll explore what that might mean, unpack the fears and anxieties expressed by our listeners, and provide context around the policy implicatio…
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Ready to turn up the heat on your finances before 2024 comes to a close? We’ve packed this episode with 15 savvy, high-impact financial moves to help you finish the year on top. From maxing out retirement contributions and exploring tax loss harvesting to utilizing backdoor Roth strategies and refinancing high-interest debt, we’re covering it all. …
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In this comprehensive episode of Finding Financial Freedom with The Frugal Physician, Dr. Disha Spath hosts Travis Hornsby, founder and CEO of Student Loan Planner, to explore the current landscape of student loans and repayment strategies for high-debt professionals. With over $800 million in student loans consulted on, Travis is an authority on l…
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With Trump’s unexpected victory in the popular vote and key swing states, and a likely Republican majority in Congress, significant changes to student loan policies may be on the horizon. We’ll look at possible shifts in Public Service Loan Forgiveness (PSLF) that could make it harder to qualify, and the potential elimination of the Saving on a Val…
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Hosted by: Dr. Disha Spath Guest: Sean Mullaney, Advice-Only Financial Planner and Author of The Solo 401k: The Solopreneur’s Retirement Account This episode is sponsored by PearsonRavitz– Helping physicians safeguard their most valuable assets. This episode is also sponsored by FacetWealth– Discover how Facet is transforming financial planning for…
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Could your tax filing status save you thousands on student loan payments? You're about to find out. We’re discussing how choosing to file jointly or separately can impact your student loan repayment strategy. You’ll hear about real-world scenarios, from high-income couples evaluating their tax implications to the strategic benefits of filing separa…
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Have you ever wished you could give your debt — and even your degree — back? The weight of student loans is no joke, but returning it won't improve your life. The truth? You're underestimating the position you're in. A professional degree offers more job security, higher income potential, and better protection during economic downturns. Stop beatin…
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Bringing a child into the world is one of life’s greatest joys — and one of its biggest financial commitments. With so much to consider, it’s easy to feel overwhelmed. Learn real-life insights, personal stories, expert advice and practical tips to help make this transition as smooth as possible. Key moments: 09:13 Health insurance coverage, costs, …
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In this episode of Finding Financial Freedom with The Frugal Physician, host Dr. Disha Spath sits down with Dr. Jordan Grumet, a distinguished physician and the creator of the award-winning Earn & Invest podcast. Together, they explore Dr. Grumet’s latest book, The Purpose Code, which provides an inspiring and practical guide for those seeking to l…
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The SAVE lawsuit hearing did NOT go well for borrowers. What happens if SAVE was ruled to be unconstitutional along with the ICR statute? In this episode, we will share more about the challenges the SAVE plan is facing and what borrowers should consider up ahead. Key moments include 01:30 What are the current SAVE lawsuits? 04:50 Student loan uncer…
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In this episode, Dr. Disha Spath discusses heart health and stress management with cardiologist Dr. Disha Mookherjee. Dr. Mookherjee shares insights into reducing stress and preventing heart disease through meditation, spiritual wellness, and holistic approaches. Rooted in personal experiences and 20 years of practice, she reveals actionable techni…
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Think you’re making the most of your health benefits? It’s open enrollment, and we’re decoding everything you need to know, from why HSAs are the most overlooked investment vehicle to the surprising perks hiding in your benefits package. In today’s episode: 01:58 Making sense of health insurance HMOs, PPOs, high-deductible health plans, and HSAs 20…
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If you graduated back in May, your student loan grace period is about to expire. Get the inside track to navigate this new financial responsibility and manage recertification details. You’ll also find out the latest updates on forbearance options, hear success stories of borrowers who’ve benefited from payment recalculations and plan switches, and …
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We’re exploring spending and creative shopping tips beyond the age-old advice of setting a holiday budget. Get tips you can actually use to keep your finances in check from Halloween to the new year. In this episode: 01:47 Hidden holiday costs and how to catch up after a really expensive month 12:18 Shopping tips for Halloween candy and costumes an…
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In this episode of Finding Financial Freedom with The Frugal Physician, Dr. Spath is joined by Dr. Rikki Racela, a neurologist based in Englewood, NJ. Dr. Racela shares his journey from financial illiteracy to financial empowerment, discussing the mistakes he made early in his career—like falling into the trap of whole life insurance, pushed by a f…
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Imagine a world where the SAVE plan is struck down by the courts, taking various income-driven repayment (IDR) plans with it and leaving millions of borrowers scrambling. This worst-case scenario could block hundreds of thousands from accessing Public Service Loan Forgiveness (PSLF) and introduce massive complications for those on IDR plans. But do…
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Reddit is a valuable yet risky source of information for student loans. Listen in to get actionable advice for real-life scenarios as we react to what people are saying about money online. In today’s episode: 10:43 Navigating private loan lawsuits, bankruptcies, and strategic defaults 17:12 Reverse mortgage for a vacation: Good idea or bad move? 27…
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Dr. Disha welcomes Sammi Sosa Norman, founder of Skate2Wealth, to discuss her inspiring journey from financial struggle to financial freedom. Growing up in a low-income household, Sammi witnessed firsthand the challenges of money management. Despite accumulating over $150,000 in student loan debt and initially living paycheck-to-paycheck as a journ…
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After months of waiting, the Income-Driven Repayment (IDR) application is live again! But with all the changes, options, and deadlines, where do you start? Learn the steps you should take if you’re considering switching repayment plans, the implications for Public Service Loan Forgiveness (PSLF), and how to navigate the updated requirements for loa…
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We’re getting honest about how we can unknowingly sabotage our financial success. We’ll break down common behavioral traps like holding onto investments because we’ve already put money into them (hello, sunk cost fallacy), making decisions based on recent trends (that’s recency bias), and following the crowd just because everyone else is (herd ment…
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Saving for college can feel like a daunting challenge for many parents, especially with tuition costs rising faster than inflation. In this episode, Dr. Disha breaks down a variety of college savings options and discusses the pros and cons of each, along with their impact on financial aid eligibility. From the popular 529 plans and prepaid tuition …
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Tackling the real issues you’re facing and answering a lot of listener questions that have come in about student loans. We’ll chat about the impact of possible political changes on loan forgiveness programs, share tips on managing your loans during servicer transitions, and give advice on everything from autopay issues to whether you should buy pro…
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Balancing student loans and other financial goals can feel overwhelming, but it’s absolutely achievable. We’ll guide you through prioritizing your financial goals, from paying off debt to creating a solid foundation with brokerage accounts, retirement planning, and tax strategies for long-term success. In today’s episode: 04:40 Start by building an…
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Dr. Disha highlights how real estate investing aligns with her values and offers a powerful way to build wealth. She emphasizes the financial benefits of rental properties, including monthly cash flow, leveraging loans for greater returns, and protection against inflation. Additionally, she breaks down key tax advantages like depreciation and 1031 …
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Payment caps aren’t something most borrowers think about, but they can have a huge impact on anyone using an income-driven repayment (IDR) plan. With ongoing court battles that could reshape repayment options, it's more important than ever to understand what payment caps are, how they work, and why they could mean massive shifts in how borrowers ha…
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Just like physical fitness, financial fitness is key to a healthy life. Discover how personalized financial goals, like a tailored workout plan, can help you build a strong foundation with smart cash flow management, debt control, and a solid emergency savings strategy. In today’s episode: 07:41 Cash flow planning makes it easier to balance your in…
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Student loan forgiveness has been a political hot potato for years, and recent moves by the Biden administration have reignited fierce debates. I’m breaking down the political chess game behind these battles and where things might go from here. In today’s episode: 09:24 Regulations unintentionally increased debt balances for borrowers 18:46 The COV…
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Find out where you stand financially and if you're on track to become a millionaire. Financial experts Meagan McGuire and Sim Terwilliger explain how to evaluate savings strategies, balance debt with investments, and avoid overspending. You’ll also learn how understanding opportunity costs can help shape smarter financial decisions. In today’s epis…
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Dr. Disha tackles a recurring question in physician finance groups: “Can I afford this house?” Using a case study of the Smith family, she walks through the key financial ratios—HR1 (housing costs) and HR2 (debt-to-income)—that determine whether a home purchase is financially sustainable. Despite a $300K annual income, the family’s student loan and…
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Worried about changes to your student loan payments? It could happen if the Saving on a Valuable Education (SAVE) plan is repealed. Student loan experts Megan McGuire and Sim Terwilliger share how they’re advising clients to rethink their repayment approach. In today’s episode: 05:24 Parent PLUS loan borrowers need a plan B and plan C 13:44 Fill ou…
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Learn how to lower your taxable income and reduce student loan payments by optimizing pretax benefits like 401(k)s, IRAs, Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and more. Financial experts Meagan McGuire and Connor Pierce guide you through these valuable strategies. In today’s episode: 09:18 Strategies for maximizing ret…
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Sarah Catherine Gutierrez, a certified financial planner and founder of Aptus Financial, joins Dr. Disha Spath to discuss practical financial strategies for physicians. Sarah emphasizes the importance of non-conflicted, fee-only advice and the power of automating finances to ensure long-term wealth building. Key takeaways include paying yourself fi…
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We guide student loan borrowers through the legal challenges facing the SAVE plan, its impact on other IDR plans, and key considerations for those pursuing PSLF. We also cover two programs ending on Sept. 30, 2024: Fresh Start for defaulted loans and the repayment grace period (on-ramp), along with important insights for first-time borrowers enteri…
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With recertification deadlines for income-driven repayment (IDR) plans being pushed back repeatedly, there's a growing concern that borrowers may be hit with unexpectedly high payments once these delays finally end. This situation is creating what I call the “IDR recertification time bomb.” In today’s episode: 03:37 Payments could skyrocket to 10 o…
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From mounting credit card and auto loan debt to the less obvious pitfalls of inflation and misguided investment choices, Meagan McGuire and Sim Terwilliger unpack the five financial traps they see student loan borrowers falling into. In today’s episode: 01:41 Credit card debt, average balances by generation, and the best defense against growing bal…
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Dr. Disha Spath and Dr. Tarang Patel address the controversial topic of nurse practitioners’ expanding roles in healthcare. The discussion is sparked by a recent article that highlights concerns over the quality and adequacy of NP training. Dr. Patel discusses the implications of NPs practicing autonomously without sufficient oversight, emphasizing…
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As legal battles unfold, student loan borrowers face a wave of uncertainty. In this episode, I’ll break down the latest developments from the 8th Circuit Court and explore how their recent rulings could impact the future of student loan forgiveness plans like Saving on a Valuable Education (SAVE). In today’s episode: 02:33 The 8th Circuit Court's d…
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Ever wondered how politicians invest? Join me and special guest Meagan McGuire as we discuss the portfolios of Vice President Kamala Harris and other political figures. We'll explore the importance of a balanced portfolio and share our personal experiences on the value of seeking professional advice. In today’s episode: 03:33 Kamala Harris’s portfo…
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The latest on the Biden administration’s student loan cancellation program includes opt-out provisions that have left many scratching their heads. I’ll cover that and explain the legal back-and-forth and endless policy changes of student loan repayment, so you don’t have to feel so alone. In today’s episode: 00:36 The 8th Circuit Court ruling means…
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Dr. Nirav Shah returns to discuss the often-overlooked field of medical expert witness work, revealing how physicians can use their expertise to earn substantial side income while maintaining their ethical standards. Dr. Shah recounts his initial foray into the courtroom, offers insights into the financial structure of this work, and discusses the …
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Switching jobs is about more than employee benefits and compensation packages when you’re a student loan borrower. Student loan advisors Connor Pierce and Jake Courtney explore how federal student loans can adapt to income changes, making them less stressful when contemplating career moves or starting a business. In today’s episode: 06:10 Analyze P…
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________ SUMMARY Starting with Alexander Hamilton's crucial role in establishing the early financial system of the United States, Dr. Disha explains how his legacy laid the foundation for the creation of the Federal Reserve in 1913. The episode covers the Fed's tools for managing the economy, including the federal funds rate, reserve requirements, …
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The labyrinth of pre-COVID student loan rules are making a dramatic return. I’ll explore the Biden administration's key regulations impacting Public Service Loan Forgiveness (PSLF) and income-driven repayment (IDR) plans, the legal battles putting these changes on ice, and what it means for borrowers caught in the middle. In today’s episode: 01:50 …
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________ SUMMARY In this repurposed episode from the Earn & Invest podcast, Dr. Disha joins Doc G to discuss the financial implications of an election year. They explore how political uncertainty can impact personal finances, offering practical advice on maintaining financial stability amid the chaos. From understanding market fluctuations to long-…
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Dennis Hornsby, licensed insurance agent, joins me to discuss the critical role of disability insurance in protecting your income and lifestyle. He shares his expertise on the advantages of purchasing coverage early to secure lower rates and the ethics of choosing the right broker. If you're a high-income professional or have student debt, you won'…
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________ Dr. Disha discusses the SAVE Plan, a student loan forgiveness initiative introduced by the Biden administration, now embroiled in legal battles. The plan, designed to replace the REPAYE plan, offers significant concessions to borrowers but has faced lawsuits from Republican-led states. With parts of the plan temporarily blocked and the iss…
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I had an inspiring conversation with Dr. Mike Walker, a veterinary practice owner. Listen is as he shares his journey from graduating vet school in 2017 with significant student loan debt to owning Apollo Vet, a clinic worth between $4 to $5 million today. In today’s episode: 04:46 Preparing financially before starting a business 16:51 Fear of the …
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________ Dr. Disha interviews Dr. Cory Fawcett about his remarkable adventure of cycling across America. Dr. Fawcett, who retired early thanks to savvy financial planning and real estate investments, talks about the logistics, challenges, and rewards of the 49-day journey from San Diego to St. Augustine. He emphasizes the importance of living life …
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