GOP Considers Far-Reaching Student Loan Policy Changes
New Republican Plan Targets Loan Forgiveness and IDR Programs. Major reforms could reshape future borrower options and limit college access.
Latest Posts in IDR
Assuming the Worst About Student Loans Could Be an Expensive Mistake
Despite political posturing, major overhauls to established programs face significant hurdles. Avoiding panic-driven decisions can save you money and stress.
Student Loan Forgiveness: 6 Reasons Your Balance Still Matters
Even if forgiveness is on the table, factors like taxes, income changes, and marriage can affect how much you ultimately pay.
Critical Parent PLUS Loan Deadline Quickly Approaching
Parent PLUS double consolidation allows borrowers to unlock better repayment plans and lower monthly payments, but the deadline to complete the process is fast approaching.
Why the SAVE Lawsuit Could Drag on for Years and Reach the Supreme Court
A trip to the Supreme Court could mean that the SAVE litigation lasts for several years before getting resolved.
Extra Payments During SAVE Litigation Forbearance Are a Mistake
Extra payments during the SAVE forbearance don’t count toward forgiveness and could ultimately be a costly mistake for borrowers.
The Future of PAYE, IBR, REPAYE, and ICR: Navigating Uncertainty and Understanding Your Options
Ongoing legal challenges and SAVE regulations are complicating the future of IDR plans, leaving borrowers uncertain about the best way to manage their student loans.
Can I pay more than the minimum on my IBR, PAYE or SAVE payment plan?
In some cases it is smart to make extra student loan payments. Other times, paying more than the minimum is a waste of money.
SAVE Calculator: Estimate Payments on Biden’s New IDR Plan
The new SAVE plan will offer the lowest monthly payment for the vast majority of borrowers.