Meagan Landress | From a Six Figure Student Loan Debt to a Six Figure Net Worth
On this week’s episode of the Wealthy Woman Lawyer® Podcast, we speak with Meagan Landress, an advisor with Student Loan Planner, to discuss how to shift from being six figures in student loan debt to having a six figure net worth. Since 2016, Student Loan Planner has consulted on over $1.1 billion of student loan debt and found over $214 million in projected savings for the professionals they’ve worked with.
Meagan says, “I first started my career working at a personal financial planning firm, and a problem we consistently ran into was that with highly educated individuals, there typically came a lot of student loan debt. I continued to be surprised with the amount of debt we were starting to see, so I started diving deeper into the federal system of student loans and I found that there was a lot you can leverage. The federal system is very complicated, but we can find ways to leverage it in someone's favor.”
We chat about dealing with student loan debts, as well as:
- Leveraging income-driven plans and forgiveness opportunities
- Determining financial priorities
- Finding an optimal repayment plan that will allow you to achieve financial independence later in life
- Working with a financial planner
- And more
