ilmscore | $530,000 Of Taylor Swift Debt | Financial Audit

Predictions from this Video

Total: 3
Correct: 1
Incorrect: 0
Pending: 2
Prediction
Topic
Status
The 'SAVE' plan (referred to as 'wrap plan' and 'new Trump administration's plan') could potentially reduce student loan payments to around $150 per month based on income.
"But you can get on the wrap plan the repayment assistance that is the new Trump administration's plan for you and your income. I could see your payment being about 150 bucks."
Student Loan Repayment Plan
Correct
Student loans are estimated to be paid off by 2049.
"You have these going through 2049 as the estimated payoff."
Student Loan Payoff Timeline
Pending
It is projected that by working hard for approximately five years, all debt (excluding the mortgage) can be paid off, allowing for financial independence by the time one child is nearing high school graduation.
"I mean, you can pay debt off in about 5 years. Your income will scale. It'll increase, but it's 5 years to sacrifice and really working your ass off, but it's worth it because again, I mean, a kid won't even be graduating uh or a kid, one kid will be close to be graduating high school and you'll finally be independent."
Debt Payoff Timeline
Pending