Comparing Income-Driven Repayment Plans for Graduate and Professional Borrowers

Holy Income-Driven Repayment Plans, Batman! Income-driven repayment plans provide affordable payments—especially for those with high student loan balances, like graduate and professional borrowers—but how should a student loan borrower choose between the many available plans? What are the eligibility requirements? Should anyone choose the original income-contingent repayment (ICR) plan? Why is PAYE As You Earn (PAYE) better than income-based repayment (IBR) for "new borrowers"? Which borrowers can benefit from REPAYE? What about switching plans, interest capitalization, forgiveness and taxation? How many income-driven plans is too many? Won't the rules be changing soon? This session will answer all these questions and more!