Income Driven Repayment
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REPAYE Could Save $1,000 on Student Loans with One Phone Call
- June 20, 2017
- Posted by: Travis
- Category: Income Driven Repayment, Student loan Servicers
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What if I told you there’s a chance you could save $1,000 on your student loans with one phone call? For many individual borrowers out there on the Income Based Repayment program (IBR), that’s a realistic possibility. Here’s what I mean and who would qualify.
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Discretionary Income Definition Determines Student Loan Payments
- June 13, 2017
- Posted by: Travis
- Category: Income Driven Repayment
Why does the discretionary income definition matter for student loans? It’s an arcane term and sounds as interesting as watching grass grow, but it’s actually really important. Knowing the discretionary income definition allows you to know EXACTLY what you have to pay on your student loans.
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Trump Student Loan Repayment Could Cost You a Lot More Money
- May 25, 2017
- Posted by: Travis
- Category: Government, Income Driven Repayment, PSLF
What is the Trump student loan repayment plan? Let me start with some good news. Based on the original documents and proposals I’ve reviewed, most people who already have loans or who are currently in school will probably not be affected. However, for folks going to school in the fall of 2018 and beyond, a massive
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Trump Education Budget Seeks Repeal of PSLF, PAYE, REPAYE, and IBR
- May 18, 2017
- Posted by: Travis
- Category: Government, Income Driven Repayment, PSLF
The Washington Post reports that it has a yet to be released Dept of Education budget proposal showing radical changes to student loan policy. There are three major parts to the plan relevant to student loan borrowers. Trump wants to repeal PSLF, mostly eliminate Subsidized and Perkins student loans, and replace all income driven repayment programs
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Revised Pay As You Earn Growth Was 61,700% Last Year
- May 1, 2017
- Posted by: Travis
- Category: Income Driven Repayment
Have you heard of the income driven student loan repayment plan called Revised Pay As You Earn (also known as REPAYE)? You need to know. Maybe you’ve done a consult with me or used my student loan calculator and realized that Revised Pay As You Earn is often really awesome. Apparently a lot of other people