Lower Payments on SAVE vs Faster Forgiveness on PAYE or IBR
For graduate borrowers, SAVE isn’t always the best student loan repayment plan. Some people might be better off with quicker forgiveness on PAYE or IBR.
Latest Posts in IDR
Switching to SAVE or REPAYE and Restarting Forgiveness Progress
Many borrowers worry that changing income-driven repayment plans will result in starting from scratch on the path to student loan forgiveness.
Lawsuit Filed to End SAVE Repayment Plan/One-Time IDR Account Adjustment
A new lawsuit has student loan borrowers nervous. Should there be concern over the future of SAVE and the one-time IDR account adjustment?
Federal Consolidation and the Student Loan Forgiveness Clock
Federal direct consolidation can have a huge influence on the IBR and PSLF loan forgiveness clocks.
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.
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.