Help! How do I Advise my Students on Income-Driven Repayment Plans When I Don't Understand Them?

Monday, June 25, 2018: 3:15 PM-4:15 PM
Room 12AB (Austin Convention Center)
Session Type: Interest Sessions
Track: Professional Development & Management
Subcategories: Graduate & Professional Issues Track
Audience: All
Credit Type: Credit Hours and Clock Hours
School Type: All Schools
Overwhelmed by the details of income-driven repayment (IDR) plans? Tired of the charts, graphs, and legalese you normally hear in IDR presentations? This session will provide a simplified approach to understanding the major benefits and differences of IDR plans, and provide you with tools to help you advise your graduates on which plan might be the best fit for their student loan repayment goals. You will see examples of how to calculate discretionary income, how to calculate an estimated required monthly payment by income, and how to maximize the various benefits of each IDR plan.
Celeste Franklin (Pennsylvania Academy of the Fine Arts)
Elizabeth Collins (Roseman University of Health Sciences)
Sally Mickelson (Roseman University of Health Sciences)