Mar 24, 2022
Robert Lopez, CFP® and YFP
Planning Lead Planner, discusses the current state of the PSLF
program, plus three pharmacists share their PSLF success
stories. Key Points From This Episode
- Introducing today’s topic: the PSLF success
stories of three pharmacists.
- A reminder of who Robert Lopez is and his role
at Your Financial Pharmacist.
- An overview of the first and second half of the
show and what we will cover.
- The basics of PSLF, Public Service Loan
Forgiveness, and who qualifies.
- Which changes were made to the rules of
- What the big news comes down to: you don’t have
to rule out forgiveness.
- What the limited waiver meant for those in the
- Optimization strategy with PSLF and how Robert
recommends you reallocate your finances.
- The benefit of switching to a lower payment
plan while achieving a long-term forgiveness plan.
- An introduction to Kimberly Gale’s journey into
the world of pharmacy.
- The amount of debt she graduated with and how
much was ultimately forgiven.
- How she discovered PSLF through a friend’s
- Challenges she faced along the way, including
communication at the beginning.
- How PSLF helped her to afford the lifestyle she
wanted for her family.
- Ashley Hicks’ story of gravitating towards
pharmacy because of her love for people.
- How much Ashley ultimately had forgiven through
- The challenge that uncertainty and anxiety
posed within her PSLF process.
- How optimization and strategy can help navigate
late discovery loans.
- The opportunities that PSLF opened up for her
and her husband to focus on other goals.
- Meet Kyle Sobecki and learn about his work as a
pharmacist in a nonprofit hospital.
- Kyle’s story of having had exactly $189,038.72
- Homework he has done along the way leading up
to choosing PSLF.
- How PSLF works when you work for a
- Uncertainties and challenges he had along the
- His advice with regards to filing your
paperwork on time each year.
- Goals the PSLF plan freed Kyle up to pursue
including paying off personal debt.
Links Mentioned in Today’s Episode