Episode 00 Who Is The Fit Institute And What Do We Do

Minute 00-1:00 All of these acronyms are used to describe Income-Based Repayment programs for federal student loans. And the one thing they all have in common is that they stretch out loan repayments for decades. Minute 2-3: I am a lawyer, but I am not providing legal advice here just general information about student loans. This podcast isn’t and won’t be affiliated with any lenders. Minute 3-4: This first Season is devoted to providing information to people who are contemplating taking out student loans. I think people are incredibly nonchalant about what it means to be burdened by a significant amount of debt. The acronyms and names for repayment programs and plans have created confusion and led people to believe that a great deal of their debt will be forgiven by one mechanism or another. Minute 4-5: Millions of people are burdened by student loan debt that they are finding difficult if not impossible to repay According to a January 2017 Wall Street Journal article, as many as half of all borrower