Student Loan Guidance: A Specialized Planning Service

Did you know that the average medical school graduate owes $214,600 in student loan debt?1

If you’re nodding your head and thinking about how much you owe, I can help.

I can help you determine how to manage your student loan debt including but not limited to lowering your payment, finding the best repayment option for your situation, and finding forgiveness options.

In addition, I will help you determine how to manage overall debt, cash flow and insurance coverage.

Schedule an appointment with Michael

1Hanson, Melanie. “Average Medical School Debt”, December 9, 2021,

How can you help me with my student loans?

My approach to working with clients is simple: I want to understand your individual needs and finances and then work to find the best solution to help you accomplish your goals. From forgiveness options to a lower monthly payment to helping clients pay their loans off in the shortest amount of time I address each situation uniquely.

Some of the most common questions that I answer are:
  • How can I lower my monthly payment?
  • Should I refinance?
  • Am I on the right income driven repayment plan?
  • Why don’t all my payments count toward the Public Service Loan Forgiveness program?
  • Should I pay my loan off as quickly as possible?
  • Why is my student loan servicer changing? What does that mean for me?
  • Should I recertify my income before my forbearance period ends?
  • Do I qualify for forgiveness options? Are there tax implications?

Based on your income, your goals, the things that matter to you in your life and your financial plan, we will help you understand all of your options and choose the best course of action.

This specialized planning service focuses on one of the top financial concerns we hear from clients: student loans and repayment strategies.

The repayment plan you choose now can help to put you on a path to longer term financial success.

I will provide a detailed student loan analysis, a key part of your specialized plan, that takes into consideration the many factors that can affect which repayment strategy is right for you including debt, family status, future income, and more. Our plans also include analysis of overall debt, cash flow, and insurance coverage. Your plan can be updated as your life changes.

Life changes quickly and so does student loan legislation. I am here to be your ongoing resource and to make sure that when your needs change, that your approach to managing your student loan debt changes accordingly.

Let’s get started

The first step is for us to meet and for me to learn more about you and your goals. Then we will walk through your student loan record and start building your game plan.

Schedule an appointment with Michael

Michael Foley, CFP®, CSLP®

Author: Michael Foley, CFP®, CSLP®

Michael works with professionals to establish harmony in their lives through tailoring comprehensive financial plans, while also providing a variety of investment and insurance services.

Michael is a registered representative and investment advisor representative of Securian Financial Services, Inc.

3953820/DOFU 3-2022