Episode Description
Student loan benefits at work sound great on paper, but understanding the details requires asking the right questions. The tax-free $5,250 benefit established under the American Rescue Plan Act sunsets after 2025, which changes the long-term value proposition. We're breaking down crucial questions to ask: Does this payment count toward forgiveness program requirements? What about private loans? We'll also discuss that eye-catching $60k benefit being marketed to vet students by a major hospital group and explore alternatives worth considering during negotiations.
Key moments:
(04:20) Tax-free student loan benefits expire after 2025 (and it could cost you money)
(10:34) Directly negotiating a higher salary may be better than complex student loan benefits
(12:55) Benefits paid across several years assume longer employment than a vet may maintain with that employer
(15:05) Employer loan benefits don't always reduce monthly payments
(18:01) Career path alignment matters more than student loan benefit packages
Link mentioned in this episode:
Interested in vet-specific financial planning?
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