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.
Latest Posts in IDR
How the Biden Administration is Updating IDR Payment Counts
40,000 borrowers are about to get their remaining student loan balance forgiven, and millions more will move closer to IDR loan forgiveness.
All Repayment Plans Eligible for PSLF, Plus Tips and Strategy
Between temporary programs and alternative calculations, it isn’t easy to identify all of the repayment plans eligible for PSLF.
Guide to Temporary Programs and Permanent Rules for Federal Student Loans
With some temporary federal student loans programs over, or nearly complete, borrowers have to track several different moving targets.
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.
Five Reasons for Student Loan Borrowers to Look Forward to 2023
Borrowers have many reasons for optimism about life with student loans in 2023.
Why Did My Monthly IDR Payment Go Up?
Changes in monthly IDR bills are common. Several different possibilities could explain the increase.
IBR Payments, the Repayment Restart, and IDR Certification Deadlines
The Department of Education is giving borrowers a ton of flexibility, which means savvy borrowers have options to save some money.
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.