Student Loan Shakeup w/ Travis Hornsby #977

How to Money

iHeartPodcasts

Business, Investing, Education

4.5 • 3.1K Ratings

🗓️ 30 April 2025

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Feds are cracking down on defaulted student loans! According to the new US Education Secretary, it’s time for student borrowers with federal loans to begin making payments. The clock is ticking and May 5th is the date that nearly 2 million borrowers are going to be moved into repayment plans and collections will begin for loans that are in default with over 5 million borrowers at risk of garnished wages. This is a massive shakeup from what borrowers have experienced over the past 5 years, and we’re thankful to be joined by founder and CEO of Student Loan Planner, Travis Hornsby to parse the details. Travis has a massive amount of experience having consulted on several billion dollars of student debt and today we discuss what borrowers should do to avoid wage garnishments, whether PSLF is under fire, some simple steps to take to ensure that borrowers are paying as little as legally possible, and more!

Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances:

Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.
Sign up for the weekly HTM newsletter. It’s fun, free, & practical.
Join a thriving community of fellow money in the HTM Facebook group.
Find the best credit card for you with our new credit card tool!
Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.

During this episode we enjoyed an Only Calling Hours Pull Me Back To These Midwestern Roots by Burial and Hop Butcher (yes, that’s the actual name of that beer)! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

Best friends out!

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0	Run a business and not thinking about podcasting.
0:02.4	Think again.
0:03.0	More Americans listen to podcasts than ads supported streaming music from Spotify and Pandora.
0:07.2	And as the number one podcaster, IHearts twice as large as the next two combined.
0:11.3	Learn how podcasting can help your business.
0:13.2	Call 844-844-I-Hart.
0:15.9	In a world of economic uncertainty and workplace transformation,
0:20.0	learn to lead by example from visionary C-suite executives like Shannon Schuyler of PWC and Will Pearson of IHeartMedia.
0:28.4	The good teacher explains, the great teacher inspires.
0:32.6	Don't always leave your team to do the work. That's been the most important part of how to lead by example.
0:40.1	Listen to leading by example. Executive's making an impact on the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts.
0:49.0	Hi, I'm Sam Mullins, and I've got a new podcast coming out called Go Boy, the gritty true story of how one man fought his way out of some of the darkest places imaginable.
0:59.6	Roger Caron was 16 when first convicted.
1:02.1	I spent 24 of those years in jail.
1:04.7	But when Roger Caron picked up a pen and paper,
1:07.1	he went from an ex-con to a literary darling.
1:09.8	From Campside Media and IHeart Podcasts,
1:12.6	listen to Go Boy on the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts.
1:19.4	Welcome to How to Money. I'm Joel. I'm Matt. Today we're talking about the student loan
1:24.4	shakeup with Travis Hornsby.
1:51.4	Oh. the student loan shakeup with Travis Hornsby. Indeed, Joel. This is a more pressing, a more urgent interview episode, which we don't typically get to do.
1:58.1	Because normally it's like a book tour and we're diving into the book. It's like, do we talk to them now or do we talk to them in like two months?
	...

Transcript will be available on the free plan in 3 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from iHeartPodcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of iHeartPodcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.