Why Median & Average Student Loan Statistics Are Ridiculous

Student Loan Planner

If you’ve ever been told the average student loan debt for your program or degree, this episode is for you. Join me for a Q&A followed by a discussion on why focusing on median and average student loan debt statistics is a waste of time, and why those statistics cause all kinds of problems when it comes to higher education policy.

In today’s episode, you'll find out:

• Listener questions about recent student loan volatility
• How part-time hours can qualify you for PSLF
• How to use strategic refinancing to repay your student loans
• How to get your student loan questions answered by Travis
• Why you probably shouldn’t expect student debt cancellation during the Biden administration
• Possible changes to the PSLF program in the next few years
• Why the average and median student loan statistic is extremely flawed
• How to calculate the true cost of attendance for your program of choice
• Why schools never disclose tuition inflation, loan fees, or interest fees
• Why statistics aren’t reliable
• Why you shouldn’t focus on student loan debt and what to focus on instead

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