Understanding Income-Based Repayment (IBR)
Income-Based Repayment (IBR) is one of the most popular federal repayment plans. IBR can lower monthly bills and qualify for student loan forgiveness.
Latest Posts in Repayment Plans
IBR, PAYE, and REPAYE Calculations for Multiple Loans and Multiple Lenders
If you have multiple federal student loans or you are stuck with more than one federal servicer, the Income-Driven Repayment math might seem complicated. Fortunately, it is pretty easy.
Graduated and Extended Repayment Plans – Useless Relics
The graduated and extended repayment plans offer lower payments than the standard repayment plan. However, these older-style plans don’t match up to more recent repayment plan offerings.
Lowering the monthly payments on your Federal Student loans
Federal student loans come with many borrower protections to lower monthly payments. Refinancing is also an option, but it comes with major risks.