The Personal Finance Podcast - How to Master Your Student Loans with Robert Farrington

Join the community built to help you master your money, stay accountable, and reach financial freedom. 👉 Join Master Money Academy https://mastermoney.co/join/ today! In this episode of The Personal Finance Podcast, Andrew sits down with Robert Farrington to break down everything you need to know about the sweeping federal student loan changes taking effect July 1, 2026, covering the shift to just two repayment plan options for new borrowers, the elimination of SAVE, PAYE, and ICR, the deadlines existing borrowers need to watch before 2028, tighter annual and lifetime borrowing limits, the end of Grad PLUS and Parent PLUS loans as we know them, how enrollment status now affects what you can borrow, where to start when searching for student aid, and whether in-state school is still the smartest financial move for new students. Partner Deals Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at http://Indeed.com/personalfinance Join the loyalty program for renters at http://joinbilt.com/PFP Go to http://policygenius.com to get your free life insurance quote. Thanks to Fundrise for Sponsoring the show! Invest in real estate going to http://fundrise.com/pfp Get 50% Off Monarch, the all-in-one financial tool at http://www.monarch.com/PFP Go to Acorns.com/pfp and start automating your investments and get a $5 bonus today! DeleteMe: Go to https://joindeleteme.com/PFP20/ and Use Promo Code PFP for 20% off! Connect with Robert Farrington: Website https://thecollegeinvestor.com/ Podcast https://thecollegeinvestor.com/audio-show/ Facebook https://www.facebook.com/thecollegeinvestor Instagram https://www.instagram.com/thecollegeinvestor/ Youtube https://www.youtube.com/c/thecollegeinvestor X https://x.com/CollegeInvestin Latest Podcast Videos: 9 Life Lessons After 500 Episodes https://youtu.be/HQvRDqAhwKs How to Buy a House in 2026! https://youtu.be/kRYUx2uuuGY The Simple Path to Wealth (With J.L. Collins) https://youtu.be/-02BNewBfbo 9 Things That Are a Complete Waste Of Money (Be Careful!) https://youtu.be/18KWuV516uU 10 Tax Moves Everyone Should Review Each Year https://youtu.be/il_LgQeAbrw Connect With Andrew on Social Media: Instagram https://www.instagram.com/mastermoneyco/ TikTok https://www.tiktok.com/@mastermoneyco Twitter https://twitter.com/mastermoneyco Master Money Website https://mastermoney.co/ Episode Chapters: 00:00 - Master Student Loan Rewrites 01:36 - Navigate July 1st Changes 05:27 - Leverage Expert Loan Insights 07:43 - Simplify Your Repayment Options 09:16 - Manage Existing Loan Plans 11:40 - Compare IBR vs WRAP Plans 13:03 - Audit New Borrowing Limits 16:42 - Safeguard Parent Plus Loans 20:08 - Maximize Grants & Scholarships 23:06 - Account For Rising College Costs 28:07 - Utilize Community College Pathways 36:38 - Negotiate Better Financial Aid 41:15 - Locate State Loan Forgiveness 49:10 - Execute PSLF Qualification Steps