How To Choose The Best Student Loan Repayment Plan

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Posted on December 28, 2018 at 03:44 AM

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Income-Driven Repayment Plans for Federal Student Loans ...
The Department of Education offers income-driven repayment (IDR) plans to borrowers who qualify, and they can lower your payments to as little as 10 percent of your discretionary income. But with four income-driven repayment plans available, choosing one can be a little overwhelming and confusing.
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More than a million class of ’16 grads who took out federal loans for college will make their first payments this month. They’ll also face a decision with potentially costly consequences ...

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