Can I pay more than the minimum on my IBR, PAYE or SAVE payment plan?
In some cases it is smart to make extra student loan payments. Other times, paying more than the minimum is a waste of money.
IDR
SAVE Calculator: Estimate Payments on Biden’s New IDR Plan
The new SAVE plan will offer the lowest monthly payment for the vast majority of borrowers.
Biden Administration Extends Student Loan Consolidation Deadline
The terms of the one-time account adjustment deadline are a bit complicated, but consolidation right now is a big opportunity for many federal student loan borrowers.
SAVE vs PAYE and IBR: Payment Caps, Partial Financial Hardships and More
For high-earners, monthly payments on SAVE might eventually grow larger than PAYE and IBR. Does this make SAVE a risk?
Early Forgiveness Under SAVE: Understanding Loan Size Limits and Other Fine Print
Early SAVE forgiveness sounds simple, but there are complications for borrowers with larger balances, FFEL Loans and Parent PLUS Loans.
The Department of Education Needs to Extend the One-Time Payment Count Adjustment Deadline
In a few weeks, a little known deadline will pass and many borrowers will miss out on a great opportunity for quicker student loan forgiveness.
How SAVE Changed Income-Driven Repayment: Goodbye to REPAYE, PAYE, IBR, and ICR
The newly announced SAVE plan will eliminate or change most of the income-driven repayment plans currently available.
Lower Payments on SAVE vs Faster Forgiveness on PAYE or IBR
For graduate borrowers, SAVE isn’t always the best student loan repayment plan. Some people might be better off with quicker forgiveness on PAYE or IBR.
Switching to SAVE or REPAYE and Restarting Forgiveness Progress
Many borrowers worry that changing income-driven repayment plans will result in starting from scratch on the path to student loan forgiveness.