Managing student loans payment can be quite challenging. Despite several federal student aid options, some repayment plans still leave borrowers with financial difficulty. However, student loan payment options that take into account the … [Read more...] about 5 Student Loans Payment Options That Won’t Leave You Broke
Income Contingent Repayment Plan
4 Income-Driven Student Loan Repayment Plans For Federal Loans
Employees can avail of income-driven student loan repayment plans for federal loans. They will only pay an amount based on their income and family size. These are great options for those with outrageously high-interest payments. Check out … [Read more...] about 4 Income-Driven Student Loan Repayment Plans For Federal Loans
Income Contingent Repayment Plan
An Income Contingent Repayment Plan (ICR) is a repayment plan that can help student loan borrowers get a more affordable monthly loan payment. The monthly payment is calculated by taking the lower amount of two calculation methods: Based on … [Read more...] about Income Contingent Repayment Plan
3 Student Loan Repayment Programs You NEED To Know About
One of our latest posts discussed how underutilized some student loan repayment programs were, and it also addressed some of the strength and weaknesses of income driven repayment programs. To recapitulate, an income-based repayment program can … [Read more...] about 3 Student Loan Repayment Programs You NEED To Know About
