7 Reasons IDR Payment Calculations Are Unfair
Income-driven repayment is supposed to keep monthly payments affordable for all borrowers, but IDR plans help some borrowers more than others.
Latest Posts in Repayment Plans
How to Exclude a High-Income Year from Income Driven Repayment Calculations
A jump in income can make monthly payments unaffordable. However, it is possible to skip a high earning year from IDR calculations.
Items to Think About Before Picking a Student Loan Repayment Plan
Most people just look at the monthly payment and how long it will take to pay off their loans. Other details need to be considered when picking a repayment plan.
Meet the Absolute Worst Federal Student Loan: FFEL Joint Consolidation
FFEL Joint Consolidation loans for spouses have limited options for repayment and forgiveness. They also become a nightmare in a divorce.
Expanded Income-Contingent Repayment is Off to a Bad Start
EICR has potential to lower monthly payments for borrowers, but early drafts leave plenty of room for improvement.
IBR, PAYE, and SAVE Strategy in Community Property States
Monthly payment calculations on income-driven repayment plans get especially complicated for borrowers living in community property states.
Should I Pay Extra on My Income-Driven Repayment (IDR) Plan?
Paying extra on IDR plans like IBR, PAYE and REPAYE is a risky choice for many student loan borrowers, especially those chasing student loan forgiveness.
REPAYE for Married Couples
REPAYE is the best repayment plan for some married couples. For others, it is an expensive option.
How to Decide Between PAYE and REPAYE
Picking the best plan when deciding on PAYE or REPAYE is critical for married borrowers, those with graduate debt, and high-balance borrowers.