Can I sign up for IBR, PAYE or SAVE if I don’t have a job?
IDR plans like PAYE, REPAYE, and IBR were designed to provide borrowers with affordable payments. For the unemployed, this often means $0 payments.
Repayment Plans
When is it time to give up on Income-Driven Repayment Plans like IBR, PAYE, and REPAYE?
Income-driven repayment plans are usually the best option for federal borrowers, but some circumstances justify a change in strategy.
Biden Student Loan Plan Offers More Hope for Borrowers
Biden isn’t calling for student loan forgiveness for all, but he does want to make some major changes to life with student loan in the United States.
Can a Bonus, Overtime Hours or a Raise Increase Student Loan Payments?
Extra income can mean a higher IDR monthly payment, but there are ways to make sure a temporary or limited increase doesn’t mean a higher student loan bill.
How to Lower IDR Federal Student Loan Payments if Your Income Drops
Recalculating income-driven federal student loan payments can be done at any time and the process can save borrowers a ton of money.
Loan Payoff Date When Switching Repayment Plans
Loan payoff date calculations get complicated for borrowers switching to Income-Driven Repayment plans like REPAYE.
Mega-Mailbag: PSLF Issues and Income-Driven Repayment Considerations
Today’s huge mailbag covers several different IDR issues and mixes in some Public Service Loan Forgiveness questions as well.
Steps to Take When Federal Student Loan Interest Grows Out of Control
Interest on federal student loans can be a major issue, but there are resources available to keep this expense in check.
When Income-Driven Repayment Plans Like IBR, PAYE and REPAYE are a Mistake
IDR plans are usually the best choice for many student loan borrowers. However, there are times when opting for another plan is the best option.