5 ms·
So, after the 6 months of "grace period", does only students with and a minimum wage get to pay it? I thought you just had to start paying after 6 months.
by otaviokz 7y ago
So, after the 6 months of "grace period", does only students with and a minimum wage get to pay it? I thought you just had to start paying after 6 months.
- bko 7y agoIf you enroll in income based repayment, you pay 10% of discretionary income for 20 years. I'm not sure how "discretionary income" is calculated but its probably similar to the UK threshold [0] https://studentaid.ed.gov/sa/repay-loans/understand/plans/income-driven https://studentaid.ed.gov/sa/repay-loans/understand/plans/in...
- dotnetdemon 7y agoDon’t forget that any remaining balance that is forgiven at the end gets counted as income on your taxes.
- deleted 7y ago[deleted]