Latest / The College Investor Audio Show
Millions Leaving SAVE Could Still Owe $0 Per Month — But Most Haven’t Run The Numbers
More than 7 million student loan borrowers are being pushed off the SAVE plan in the next few months, and for many, the anxiety is real: after nearly two years of forbearance, they're bracing for a monthly bill they fear they can't afford.
But we've been seeing something interesting in our comments on social media - borrowers are surprised that they can still secure a $0 monthly payment on IBR.
That makes sense. If historical patterns hold, at least 3 million of these borrowers would still qualify for a $0 monthly payment under Income-Based Repayment (IBR). They just haven't run the numbers…
The skinny
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