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?
For high-earners, monthly payments on SAVE might eventually grow larger than PAYE and IBR. Does this make SAVE a risk?
A new lawsuit has the potential to increase monthly student loan bills for millions of borrowers, but the odds of eliminating SAVE seem remote.
A small change to the IDR payment options has created an opportunity for borrowers to get student loan interest relief.
The newly announced SAVE plan will eliminate or change most of the income-driven repayment plans currently available.
Borrowers on SAVE will soon have political and legal protections that should keep the repayment plan available for many years to come.
When picking a student loan refinance solution, it is essential to think about your other financial goals. Opting for a flexible choice is often the safest bet.
The best federal student loan repayment plan for mortgage applications is usually — but not always — the one with the lowest monthly payment.
Enrolling in the new SAVE plan can mean extra help from the government on your student loan interest.
Qualifying for a SAVE subsidy gives borrowers an opportunity to get creative with their debt elimination strategy.