How an IDR Plan Offers Valuable Loan Forgiveness

As of writing, 8.7 million borrowers are enrolled in an income-driven repayment (IDR) plan, according to the US Department of Education. The reasons are hardly shocking. For one, borrowers are required to be on an IDR plan for Public Service Loan Forgiveness (PSLF), though the recent PSLF waiver allows borrowers to get credit even if they weren’t on an IDR plan. […]

The post How an IDR Plan Offers Valuable Loan Forgiveness appeared first on Student Loan Planner.

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