https://www.forbes.com/advisor/loans/the-pros-and-cons-of-income-driven-student-loan-repayment-plans/

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Editorial Note: Forbes may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The Standard Repayment Plan for federal student loans requires ten years of equal payments. But with student debt burdens growing, that quick and level payoff is not always possible. The average 2016 college graduate who borrowed, left school owing $28,400, according to the College Board. Count in graduate school debt too, and the New York Federal Reserve reports that more than seven million student loan borrowers owe $50,000 or more . While Uncle Sam does offer a level payment extended plan lasting as long as 25 years, most of the optio... Full story

25 February

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