David Gourley, EA, M.Ed

$17 million in student loan forgiveness for teachers. Former teacher who now specializes in financial planning and student loan planning for other educators.

[David Gourley, EA, M.Ed @DavidG_CSLP]

Varying payment counts towards PSLF can benefit from a consolidation...

But you need to do it ASAP!

Consolidation loans processed after July 1, 2026 will ONLY be eligible for RAP (Repayment Assistance Plan).

It's going to be another wild few months in the student loan world!

[David Gourley, EA, M.Ed @DavidG_CSLP]

I will 100% agree with you on that. The blame is with the system and the universities that saw an opportunity. Unlimited student loan borrowing helped to fuel it.

Shaming the borrower is where I have an issue.

It's a government program where they met the qualifications...

Just like every other credit/deduction that you may or may not agree with.

[David Gourley, EA, M.Ed @DavidG_CSLP]

Just casually changing someone's life this fine Monday evening.

$41,000 in student loans gone.

21 years of payments.

19 years of public service.

$466 per month of additional income (no longer going towards student loans).

[David Gourley, EA, M.Ed @DavidG_CSLP]

@CPATaxTeam I'm guessing you don't allow any credits or deductions to be applied to tax returns so that taxpayers pay their fair share.

No "senior bonus deduction".
No "child tax credit".
No "no tax on tips".
No "no tax on overtime".

Thanks for doing your part!

[David Gourley, EA, M.Ed @DavidG_CSLP]

@coultr7 Stimulating the economy... or something like that.

[David Gourley, EA, M.Ed @DavidG_CSLP]

“Do I really need a financial planner?”

A lot of the talking heads say no...

But after reviewing tons of real situations, I keep seeing the same pattern:

Missed strategies.
Missed timing.
Missed opportunities.

And it shows up as:

1. Paying more in taxes than you should have
2. Avoidable student loan payments
3. Inflated ACA premiums
4. Inefficient cash flow decisions

Financial advice shouldn't be about product sales.

It’s about not overpaying for life.

[David Gourley, EA, M.Ed @DavidG_CSLP]

So many public servants are STILL sitting on their own personal golden ticket...

And they don't even know!

I do student loan consultations every single week...

And I consistently see situations like this one.

Look at the date at the top of the letter (April 22, 2026).

Look at the date of effective forgiveness (December 31, 2024).

For 18 months, they have been paying on loans that could have been forgiven.

And they didn't even know that they qualified.

Tons of things changed with the IDR Waiver...

Which is over now but the impact of it remains.

Immediate forgiveness is out there for so many older teachers/public servants!

Let's get a consultation scheduled if you want to review your situation!

[David Gourley, EA, M.Ed @DavidG_CSLP]

Student loan consult client sold a property and had a very low tax year...

We immediately did an income recertification to get them a $0 payment moving forward.

Student loan planning is so powerful!!!

(old payment was $550 per month)

[David Gourley, EA, M.Ed @DavidG_CSLP]

@neilquinn I can agree with a fixed amount, but Roth vs pre-tax is a pretty big deal.

I'd rather lock in low tax rates on long-term investments rather than hope I fall into a lower tax bracket in the future.

But yes, overall it's unnecessarily complicated!

[David Gourley, EA, M.Ed @DavidG_CSLP]

Yes... Financial Planners/Advisors charge a fee...

But it's often worth it.

Exhibit 1543:

[Mark Wagner CPA @Mark_Wagner_CPA]

client just advised me that while rolling over his wife's $500k 401k, he inadvertently clicked the wrong account and rolled it into a Roth.

didn't have that on my 4/14 bingo card...

[David Gourley, EA, M.Ed @DavidG_CSLP]

@cliffcornell_ Nails that cost you $200,000 or more. Imagine trying to explain that this to your wife (who probably wanted to use a Financial Planner).

[David Gourley, EA, M.Ed @DavidG_CSLP]

It's official!

[David Gourley, EA, M.Ed @DavidG_CSLP]

Happy Tax Day to all who celebrate!

[David Gourley, EA, M.Ed @DavidG_CSLP]

When you say "no one".......

I saw this on Reddit, but the same thing pops up on all social media.

Student loans are confusing.

But there are some people who understand it inside and out.

You just have to find the right person!

[David Gourley, EA, M.Ed @DavidG_CSLP]

@HusKerrs Every phase (both the good and the bad) is only a phase. Try to enjoy them all because they come and go so fast.

[David Gourley, EA, M.Ed @DavidG_CSLP]

@Eric_M_Courage This is the way!

[David Gourley, EA, M.Ed @DavidG_CSLP]

It can sound crazy to file your taxes MFS compared to MFJ...

Until you realize you can save $10,000 per year in student loan payments.

If you've got student loans, make sure to have a tax projection run both ways!!!

[David Gourley, EA, M.Ed @DavidG_CSLP]

All of this is why I get paid to help people navigate PSLF and the student loan system.

People are confused.

People are angry.

And loan servicers don't help actually answer your questions.

I'm here to help if/when you need help!!!

[Wall Street Apes @WallStreetApes]

This is absolutely insane

- This American borrowed $96,000 in student loans for a bachelors degree
- She’s already paid back $165,356
- She still owes $220,810.73

Again, she only borrowed $96,000

“I have paid almost double what I even borrowed in the first place, and I owe so much money. I am running backwards at this point”

How is this legal? This is such a scam. This is why students can’t pay off their loans, the terms are beyond predatory

[David Gourley, EA, M.Ed @DavidG_CSLP]

@PKubeyEA Thank you, Phyllis!

[David Gourley, EA, M.Ed @DavidG_CSLP]

It's official!

[David Gourley, EA, M.Ed @DavidG_CSLP]

@olsonplanner Much appreciated!