Comparing and analyzing your student loan repayment options can be a complicated and time-confusing endeavor. This is especially true if you have federal student loans.
With so many federal repayment plans and forgiveness programs available today, choosing the most efficient repayment strategy will vary based on things like your income, marital status, and the type of employer you work for.
So if you aren’t sure which strategy is the best solution for your finances, you're definitely not alone. That’s where StudentLoanAdvice.com by the White Coat Investor may be able to step in to help.
StudentLoanAdvice.com provides individualized advice to help you manage your student loans most efficiently. How can it help you? Let’s take a closer look.
Quick Summary
- StudentLoanAdvice.com customized to your situation
- Charges a one-time flat fee of $579 for a consultation
- High-debt borrowers are likely to gain the most from the service
StudentLoanAdvice.com Details | |
|---|---|
Product Name | StudentLoanAdvice.com By White Coast Investor |
Service | Student Loan Consultations |
Pricing | $579 one-time fee |
Promotions | None |
What Is StudentLoanAdvice.com?
Andrew Paulson, co-founder and Lead Student Loan Consultant, leads StudentLoanAdvice.com by the White Coat Investor. The platform was created with the goal of helping doctors, dentists, and other high earners tackle their student loan debts efficiently.
Andrew has personally advised on more than $600M in student loan debt for hundreds of doctors, dentists, and other high earners.
The White Coat Investor (WCI) owns the majority of StudentLoanAdvice.com. WCI is a trusted company that has been around since 2011 and Paulson is a Certified Student Loan Professional (CSLP) who has taken on additional training and certification to help you understanding your student loan debt.
What Does It Offer?
StudentLoanAdvice.com is based on the foundation of providing actionable financial strategies for those with student loans. Here’s what stands out about its offerings.
Student Loan Consultations
When you work with StudentLoanAdvice.com, you’ll receive a personalized consultation.
Before you dive into the session, you’ll receive a welcome email that asks for a variety of information about your student loans. A few things you’ll need to share include your income, financial situation, family size, and profession.
With that information, the StudentLoanAdvice.com team will create a customized student loan plan. In the one hour consultation, you’ll review your goals, make adjustments to the plan, and ask any questions you may have.
In addition to explaining the paperwork required, a few things that might be covered include a discussion of:
- Your repayment plan options
- The monthly payment options through IDR programs
- Whether or not loan consolidation would be useful
- Whether or not private student loan refinancing makes sense for you
- How to reduce your adjusted gross income
After the meeting, you’ll receive an email recap with a customized summary detailing the plan designed with your needs in mind. At the end of the day, you should have a clear direction on how to manage your student loans in alignment with your goals.
Email Access For Twelve Months
As you start to implement your new student loan management strategy, it is completely natural to run into questions along the way. You can reach out to StudentLoanAdvice.com over email for up to twelve months.
Based on the customer reviews, it seems that the team promptly responds to emails. That’s a much better option than paying for additional help!
Focus On Student Loans
You can seek out StudentLoanAdvice.com from a variety of professionals, including financial advisors, attorneys, and tax professionals. But each of these parties may have an interest in bringing you on as a long-term client.
You won’t have to worry about that potential conflict of interest with StudentLoanAdvice.com by WCI. The company only works on student loan consultations with a one-time fee. So there's no incentive to recommend self-serving products or services.
Are There Any Fees?
The price of a student loan consultation is $579, regardless of how much debt you and your spouse have. You’ll receive an invoice for this one-time fee at the end of your session.
Keep in mind that this includes the one-hour session and 12 months of email follow-up questions.
How Does StudentLoanAdvice.com Compare?
StudentLoanAdvice.com by the White Coat Investor provides a straightforward experience for borrowers. You’ll pay a flat $579 fee that doesn’t fluctuate based on your income or student loan debt burden.
Their main competitor, Student Loan Planner (SLP) charges a flat fee of $595.
But the other way to look at things is that a consultant's hourly rate...should be their hourly rate. And from the perspective, you may prefer StudentLoanAdvice.com's pricing model. The good news is that you should receive expert advice from either company.
Header |  |  |
|---|---|---|
Rating | ||
Pricing | $579 | $595 |
Spouse Can Join Consultation? | Yes | Yes |
Ongoing Email Support | Up to 12 months | Up to 6 months |
Cell |
How Do I Book A Consultation?
You can book a consultation with StudentLoanAdvice.com at their website here. From there, you will see the dates and times which are available in a calendar format.
You’ll find that the times are very flexible. You can book in the early morning or the late evening to suit your schedule.
Once you select a time, you will receive an email that asks for more information about your finances. After the consultation, you'll be invoiced a $579 fee.
Is It Safe And Secure?
StudentLoanAdvice.com doesn’t share or sell your information with anyone. However, the company will use the information you provide to create a personalized student loan management strategy. You won’t be transmitting any details of your financial accounts. So financial account security won't be compromised in the slightest.
Plus, they have a 5 star Google review rating with over 139 reviews.
How Do I Contact StudentLoanAdvice.com?
You can reach out to StudentLoanAdvice.com through the contact form on their website. Based on the reviews highlighted on the company website, early customers report a good experience. However, there aren’t reviews yet available from other sources, like Trustpilot or the Better Business Bureau to corroborate this good experience.
Is It Worth It?
If you have a hefty pile of student loans without a clear direction on tackling them, StudentLoanAdvice.com is a useful option. We especially love that the StudentLoanAdvice.com team offers 12 months of follow-up questions via email. That way you can quickly get answers to any questions that may pop up as you begin to implement your plan.
But of course, paying for student loan advice won't be the right fit for everyone. If you have $25k of student loan debt, for example, you don't stand to save nearly as much by finding the most efficient repayment plan as someone who has $250k of debt.
Plus, if you're just looking for help managing your loans, you might benefit from using an app like Chipper.
So the lower your student debt load, the more carefully you'll want to weigh the cost-benefits of paying for a professional student loan consultation. There are a host of websites that offer free student loan advice, including right here at The College Investor. If you'd prefer to do your own research, you might want to start here with our guide to Escape Student Loan Debt.
StudentLoanAdvice.com Features
Service | Student loan consultations |
Pricing | $579 one-time flat fee |
Min Student Debt Amount | None |
Ongoing Email Support | Yes, up to 12 months |
Consultation Length | One hour |
Location | Virtual meetings, unless you live near Salt Lake and would like to meet in person at their offices. |
Advisor Certification | Andrew Paulson (co-founder and Lead Student Loan Consultant) has earned the Certified Student Loan Professional (CSLP) designation, but it's unclear if the other team members have received any professional certifications. |
Customer Service Number | No phone number listed |
Customer Service Options | Contact form |
Promotions | None |
StudentLoanAdvice.com Review
-
Pricing
-
Ease of Use
-
Tools & Services
-
Customer Service
Overall
Summary
StudentLoanAdvice.com by White Coat Investor provides consultations and plans to help you manage your student loans most efficiently.
Pros
- Flat fee for a custom student loan plan
- Includes 12 months of follow-up emails
- Flexible scheduling options
Cons
- Cost may be prohibitive to some
- Virtual meetings only
Editor: Clint Proctor Reviewed by: Claire Tak
Robert Farrington is the founder of The College Investor and is widely recognized as one of the nation’s leading voices on student loan debt and saving for college. He holds an MBA from UC San Diego Rady School of Management and has spent over 15 years researching, writing, and advising on student loans, 529 plans, financial aid programs, and saving and investing for young professionals.
Robert has been featured in the The New York Times, The Wall Street Journal, The Washington Post, NBC News, and Forbes, where he has been a regular personal finance contributor for over a decade. His work combines both professional expertise and personal experience – he successfully navigated his own student loan repayment journey and has helped thousands of readers do the same.
He is committed to making the intersection of personal finance and education transparent and accessible. You can learn more about Robert on the About Page or on his personal site RobertFarrington.com.