Ahh… Delaying the inevitable through student loan deferment. Starting an article like this with a question like, “Why defer your student loans,” would be a stupid thing to do. You would rightfully reply, "Because I’m having financial difficulty, … [Read more...] about What is a Student Loan Deferment?
Income Driven Repayment Plans
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
Revised Pay As You Earn Repayment Plan
The Department of Education offers a variety of student loan repayment plans that assist student loan borrowers with their unique financial situation. These repayment plans originated from the passing of the Health Care and Education Reconciliation … [Read more...] about Revised Pay As You Earn Repayment Plan
Pay As You Earn Repayment Plan
The Department of Education offers a variety of student loan repayment plans that assist student loan borrowers with their unique financial situation. These repayment plans originated from the passing of the Health Care and Education Reconciliation … [Read more...] about Pay As You Earn Repayment Plan
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
Income Based Repayment Plan
An Income Based Repayment Plan (IBR) is a repayment plan that can help student loan borrowers get a more affordable monthly student loan payment based on income and the size of their family. The Income Based Repayment plan was created to help … [Read more...] about Income Based Repayment Plan