One of the murkier areas of student loans is the various ways you can get rid of them without actually paying them back. As you might know, there are pretty helpful forgiveness options in the federal…
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It’s no secret that most doctors graduate from medical school with mountains of student loan debt. $183,000 on average in fact, according to the AAMC. And while its easy to assume that you’ll make plenty…
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The Public Service Loan Forgiveness (or PSLF) program forgives any of your student loans remaining after making 120 qualifying payments while working full time for a qualifying employer. While the income driven repayment options also…
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Financing college and grad school these days is no small task. With tuition costs rising every single year, graduates today are exiting school with laundry lists of student loans. Each one with a different rate,…
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What is REPAYE Student Loan Repayment? After making the Pay As You Earn (PAYE) student loan repayment system available to borrowers in 2012, President Obama expanded the program by enacting the Revised Pay As You Earn…
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What is Pay As You Earn Student Loan Repayment? The Pay As You Earn (or PAYE) student loan repayment program was passed in December of 2012, and is President Obama’s spin on income driven repayment. Understanding…
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What is Income Contingent Student Loan Repayment? Income contingent repayment (or ICR) is the oldest of the four income driven student loan repayment options. Originally passed by Congress in 1994, ICR was the government’s first attempt…
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Income based student loan repayment (or IBR) is one of the four income based repayment options that the federal government offers to help borrowers reduce monthly payments on their debt. IBR is a great option…
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