When your federal education loan re re payments are high in comparison to your revenue, you might want to repay your loans under a repayment plan that is income-driven.
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Many federal figuratively speaking meet the criteria for one or more income-driven repayment plan. When your earnings is low sufficient, your re re re payment might be as little as $0 each month.
Income-Driven Repayment Plans
An repayment that is income-driven sets your monthly education loan re payment at a sum that is meant to be affordable centered on your revenue and household size.