Why Did My Monthly IDR Payment Go Up?
Changes in monthly IDR bills are common. Several different possibilities could explain the increase.
Repayment Plans
The Downside to Income-Driven Repayment Plans Like IBR, PAYE and REPAYE
IDR plans have a ton of borrower-friendly features, including student loan forgiveness. However, they have some flaws that all borrowers should understand.
Biden is About to Lower Interest Rates for Millions of Borrowers
Joe Biden’s new Income-Driven Repayment plan would result in many borrowers indefinitely paying 0% interest on their federal loans.
Every* Student Loan Borrower Should Sign Up for Income-Driven Repayment
Income-Driven Repayment plans like IBR, PAYE and REPAYE are the best choice for just about every student loan borrower.
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.
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.