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IBR means never getting married

Because getting married can boost your household income, it ...
iridescent gunner parlor
  06/28/15
You can't become ineligible for IBR once you are on it.
180 mustard sanctuary
  06/28/15
Flame?
iridescent gunner parlor
  06/28/15
No. If you make $1 million you will still be on IBR. Your mo...
180 mustard sanctuary
  06/28/15
...
iridescent gunner parlor
  06/28/15
...
iridescent gunner parlor
  06/28/15


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Date: June 28th, 2015 3:22 AM
Author: iridescent gunner parlor

Because getting married can boost your household income, it may make you ineligible for certain kinds of help—financial aid for college, for example, or programs designed to make it easier to pay back student debt. The U.S. Income-Based Repayment program, or IBR, limits your student loan payments to a percentage of your income. A single person making $40,000 a year, with $100,000 in student debt, might pay $280 a month. If that person marries someone earning $40,000 a year, his or her payment could jump above $700 a month. If the spouse makes much more than that, they may become ineligible for IBR altogether.

http://www.bloomberg.com/news/articles/2015-06-26/now-you-can-get-married-gay-or-not-here-s-what-you-gain-and-lose

(http://www.autoadmit.com/thread.php?thread_id=2921533&forum_id=2#28215333)



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Date: June 28th, 2015 3:37 AM
Author: 180 mustard sanctuary

You can't become ineligible for IBR once you are on it.

(http://www.autoadmit.com/thread.php?thread_id=2921533&forum_id=2#28215355)



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Date: June 28th, 2015 5:38 AM
Author: iridescent gunner parlor

Flame?

(http://www.autoadmit.com/thread.php?thread_id=2921533&forum_id=2#28215416)



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Date: June 28th, 2015 5:39 AM
Author: 180 mustard sanctuary

No. If you make $1 million you will still be on IBR. Your monthly payment will be capped at the 10 yr monthly payment amount.

(http://www.autoadmit.com/thread.php?thread_id=2921533&forum_id=2#28215417)



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Date: June 28th, 2015 2:46 PM
Author: iridescent gunner parlor



(http://www.autoadmit.com/thread.php?thread_id=2921533&forum_id=2#28216913)



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Date: June 28th, 2015 3:48 PM
Author: iridescent gunner parlor



(http://www.autoadmit.com/thread.php?thread_id=2921533&forum_id=2#28217281)