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.
Latest Posts in REPAYE
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.
REPAYE for Married Couples
REPAYE is the best repayment plan for some married couples. For others, it is an expensive option.
How to Decide Between PAYE and REPAYE
Picking the best plan when deciding on PAYE or REPAYE is critical for married borrowers, those with graduate debt, and high-balance borrowers.
IBR and PAYE Calculations for Independent Contractors and 1099 Workers
If you are a 1099 worker or run a business, IDR calculations might seem complicated or potentially unfair, but there are ways to work the numbers in your favor.
Missing IBR or PAYE Certification is REALLY Expensive
Capitalization of interest on IBR, PAYE, and REPAYE makes failing to re-certify on time a costly error.
Meet the Worst Federal Student Loan Repayment Plan
The worst federal student loan repayment plan has high monthly payments, no forgiveness options, and makes it harder to buy a home.
Wait for IDR Forgiveness or Aggressively Repay Federal Student Loans?
The wait for Income-Driven Student Loan Forgiveness takes decades. In some cases waiting for debt forgiveness is the more expensive strategy.
Can I sign up for IBR, PAYE or SAVE if I don’t have a job?
IDR plans like PAYE, REPAYE, and IBR were designed to provide borrowers with affordable payments. For the unemployed, this often means $0 payments.