Comments on: Getting Married: Do I Refinance and Abandon PSLF? https://studentloansherpa.com/married-refinance-abandon-pslf/ Expert Guidance From Personal Experience Fri, 19 May 2023 13:42:48 +0000 hourly 1 https://wordpress.org/?v=6.7.1 By: The Student Loan Sherpa https://studentloansherpa.com/married-refinance-abandon-pslf/comment-page-1/#comment-1375 Thu, 25 Jan 2018 16:10:00 +0000 https://store.eptu0ncx-liquidwebsites.com/?p=5312#comment-1375 In reply to Kathryn.

The IBR payment will never be more than the standard 10 year payment. If the IBR route offers no savings, your husband will be switched to the standard repayment plan. The good news is that the standard repayment plan is eligible for PSLF.

]]> By: Kathryn https://studentloansherpa.com/married-refinance-abandon-pslf/comment-page-1/#comment-1374 Thu, 25 Jan 2018 15:27:00 +0000 https://store.eptu0ncx-liquidwebsites.com/?p=5312#comment-1374 I know this comment is a little late, but maybe someone will see it 🙂 We are in a similar situation to the one described here. My husband has paid 5 years of PSLF through IBR and we have filed separately. It’s been the right choice for us. However, his 2017 income is going way, way up, so we are almost certain it makes more sense to file jointly. HOWEVER, what I can’t get a clear read on is what happens to his IBR payments. He’s always worked under the assumption that his IBR payments will be capped at the 10-year repayment rate, and he’ll never be kicked off IBR. Does this hold true if we switch to filing jointly? The 10-year repayment rate is a little less than 100% more as he is currently paying ($1300 vs 700), but still a good deal if we can pay that for 5 years and be done with it. Does anyone know if you get kicked off IBR if you switch filing status? Am I missing something?

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