>Because a. not everyone qualifies for that Everyone who has federal student loans (90% of all loan disbursements) qualifies for income based repayment plans i

>Because a. not everyone qualifies for that Everyone who has federal student loans (90% of all loan disbursements) qualifies for income based repayment plans if the plan will lower your payment. *PLUS loans your parents took out don't qualify, but you won't need those if you're going to a 4 year state school. >20 years for something that didn't work out is still a pretty awful deal Didn't work out meaning can't make much money. For a family of 4 making $50k (about the median household income), you'd pay back around $100 a month.