Not understanding how interest is calculated on your student loans could prevent you from paying down your balance.



• When you file into an IDR plan, your monthly payments become more affordable but it’s possible that the payment doesn’t cover the interest.

• PAYE, REPAYE, and IBR all treat accumulating interest differently, but all have some form of interest subsidies.

• Once enrolled into an IDR plan, failure to re-certify will result in all accrued interest to capitalize.


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