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.
Latest Posts in Repayment Plans
The Future of IDR is SAVE: Changes Coming to REPAYE, PAYE, IBR, and ICR
The newly announced SAVE plan will eliminate or change most of the income-driven repayment plans currently available.
Paying $0 Per Month On Your Federal Student Loans with IDR Plans Like SAVE
A zero-dollar monthly payment may seem like a scam, but it is a legitimate option for some federal student loan borrowers.
Selecting Your First Student Loan Repayment Plan: Tips and Strategy
Choosing the right federal repayment plan might seem overwhelming, but finding the best option usually isn’t very difficult.
SAVE Calculator: Estimate Payments on Biden’s New IDR Plan
The new SAVE plan is getting phased in, meaning payments in October will be slightly different than payments next July. This calculator estimates both numbers.
Student Loan Payment Allocation Guide
All student loan payments are not created equal. If you make an extra payment toward your debt, make sure it goes as far as possible.
Should I Wait for Biden’s New 5% IDR Plan?
In most cases, waiting for the newest IDR repayment plan to be available is a mistake. Delays offer few advantages and come with significant disadvantages.
Biden’s New IDR Plan Hurts Teachers, Social Workers
There is a lot to like about the proposed new IDR plan, but a closer inspection shows some room for improvement.
Why Did My Monthly IDR Payment Go Up?
Changes in monthly IDR bills are common. Several different possibilities could explain the increase.