How to Sign Up for SAVE: Mistakes to Avoid When Switching Repayment Plans
The new SAVE plan offers considerable savings for IBR, PAYE, and REPAYE borrowers, but care is necessary when enrolling.
Latest Posts in Repayment Plans
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.
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.
The Downside to Income-Driven Repayment Plans Like IBR, PAYE and REPAYE
IDR plans have a ton of borrower-friendly features, including student loan forgiveness. However, they have some flaws that all borrowers should understand.
Biden is About to Lower Interest Rates for Millions of Borrowers
Joe Biden’s new Income-Driven Repayment plan would result in many borrowers indefinitely paying 0% interest on their federal loans.