SAVE Repayment Strategy: Extra Payments are a Mistake if you get the Interest Subsidy
The SAVE Interest Subsidy is a great resource for borrowers, but if you make payments larger than the minimum, you reduce or eliminate the benefit.
SAVE Subsidy Calculator
Enrolling in the new SAVE plan can mean extra help from the government on your student loan interest.
How Does the SAVE Interest Subsidy Work?
The SAVE interest subsidy makes it the best repayment plan for borrowers struggling to keep up with their federal student loans.
The Hidden Costs of Paying Off Student Loans Early
Student loan prepayment comes with many advantages, but there are a few downsides that borrowers should understand.
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.
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.
Student Loan Discretionary Income Calculator
If you are thinking about IBR, PAYE, REPAYE, or the new SAVE plan, learning how to calculate discretionary income can help save money on student loan payments.
Public Service Forgiveness for Parent PLUS Loans
It is possible for Parent PLUS loans to qualify for Public Service Loan Forgiveness (PSLF), but borrowers have to jump through some hoops.
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.