IBR, PAYE and REPAYE: How to pick the best Income-Driven Repayment Plan

Michael Lux Basics, Blog, Strategy, Student Loans 0 Comments

There are four different income-driven federal repayment plans.  Pay As You Earn (PAYE) and Revised Pay As You Earn (REPAYE), offer the lowest monthly payments.  However, plans like Income Based Repayment (IBR) and Income Contingent Repayment (ICR) may be the best choice due to eligibility requirements and tax considerations. The …