Author: admin

Proposed PSLF and IDR Changes

Proposed Changes to Federal Student Loan Repayment Programs The PROSPER Act The PROSPER Act (Promoting Real Opportunity, Success and Prosperity through Education Reform) was introduced on December 1, 2017. The overall goal of this act is to reduce the role of taxpayers in funding federal public education by eliminating forgiveness of student loans and reducing Read More …

Student Loans Vs. The Mortgage Crisis

Are we headed for a student loan bubble? With Joe Reinke, CEO of FitBUX Joseph Reinke, the CEO of FitBUX, discuss whether or not we are currently headed towards a student loan bubble with Will Boyd of the Breaking Student Debt Podcast. A few weeks ago Will was watching The Big Short, which is a Read More …

#1 Misuse Of Income Driven Student Loan Repayment Plans

By Joseph Reinke, CFA, CEO of FitBUX I often tell others, “Every financial product has its purpose and if used correctly can be an effective component of your personal finance arsenal.”  However, many using Federal income-driven repayment (“IDR”) plans are misusing them.  This article discusses the number one reason why IDR plans are misused by Read More …

#2 Misuse Of Income Driven Student Loan Repayment Plans

By Joseph Reinke, CFA, CEO of FitBUX Every financial product has its purpose and if used correctly can be an effective component of your personal finance arsenal.  However, many using Federal income-driven repayment (“IDR”) plans are misusing them.  This article discusses one of the ways they are often misused.  The following quote from Facebook highlights Read More …