IBR and PAYE Calculations for Independent Contractors and 1099 Workers

Michael Lux Repayment Plans, Student Loan Blog 0 Comments

For independent contractors and 1099 workers, it might appear to be difficult to calculate monthly student loan payments for income-driven repayment (IDR) plans such as IBR, PAYE, and REPAYE. How does the government factor in monthly expenses and the fact that some months are much higher paying than others? Surprisingly, …