Opinion: It is Time for the Government to Automate Income-Driven Repayment Certification
Yearly income certification trips up many federal borrowers and this problem could easily be avoided by automating the process.
Latest Posts in Repayment Plans
Can I sign up for IBR, PAYE or REPAYE 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.
What is PAYE and how do I sign up?
Signing up for PAYE is a simple process. This guide will help you make sure you don’t overlook any important details.
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.
IBR and PAYE Strategy in Community Property States
Monthly payment calculations on income-driven repayment plans get especially complicated for borrowers living in community property states.
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.
Can I pay more than the minimum on my IBR, REPAYE or PAYE 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.
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.