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.
Latest Posts in Repayment Plans
Student loan repayment plans are in flux. With GOP reform proposals, SAVE plan lawsuits, and shifting IDR options, borrowers must adapt quickly. This section breaks down the latest changes and how to choose the right plan in 2025.
Every* Student Loan Borrower Should Sign Up for Income-Driven Repayment
Income-Driven Repayment plans like IBR, PAYE and REPAYE are the best choice for just about every student loan borrower.
7 Reasons IDR Payment Calculations Are Unfair
Income-driven repayment is supposed to keep monthly payments affordable for all borrowers, but IDR plans help some borrowers more than others.
How to Exclude a High-Income Year from Income Driven Repayment Calculations
A jump in income can make monthly payments unaffordable. However, it is possible to skip a high earning year from IDR calculations.
Items to Think About Before Picking a Student Loan Repayment Plan
Most people just look at the monthly payment and how long it will take to pay off their loans. Other details need to be considered when picking a repayment plan.
Meet the Absolute Worst Federal Student Loan: FFEL Joint Consolidation
FFEL Joint Consolidation loans for spouses have limited options for repayment and forgiveness. They also become a nightmare in a divorce.
Expanded Income-Contingent Repayment is Off to a Bad Start
EICR has potential to lower monthly payments for borrowers, but early drafts leave plenty of room for improvement.
IBR, PAYE, and SAVE Strategy in Community Property States
Monthly payment calculations on income-driven repayment plans get especially complicated for borrowers living in community property states.
Should I Pay Extra on My Income-Driven Repayment (IDR) Plan?
Paying extra on IDR plans like IBR, PAYE and REPAYE is a risky choice for many student loan borrowers, especially those chasing student loan forgiveness.
