Income Based Student Loan Repayment Plan

Whirlybird19 Chief Editor Phoenix

What's up my fellow CTI grads?! I was browsing the web this morning (instead of doing my job) and I ran across this gem of an article. IF any of you are like me you took out student loans to go to college, this might interest you. I just kind of browsed the article but it seemed to have a lot of great information in it, so I thought I would throw it out here to all the SM peeps to see what everyone thinks. This might provide some relief for people (like me) who have some serious student loan dept and are just starting this career in the lower part of the income bracket.

Article (click here)
StudentAid.ed.gov (click here)
IBR Calculator (click here)

irishcarbomb Moderator Houston, TX

that works if all your loans are govt loans...

Whirlybird19 Chief Editor Phoenix

Yeah you're right. It says private education loans are not eligible. But if anyone filled out a FAFSA and received either a subsidized or unsubsidized loan from the govt...you may qualify depending on some other variables.

irishcarbomb Moderator Houston, TX

it seems like thats what most people do. i think i got a few, but a majority of mine are private ...

ps i wasnt trying to be a dbag, sorry if it came across that way

ChrisDTC Junior Member Texas on my mind

All of my loans are govt, I was looking at trying to figure out how to start repaying them early so I have less debt when they start doing all the background checks.

Whirlybird19 Chief Editor Phoenix

Haha. I reread your post and I didnt find anything dbagish about it so its all good!