Discretionary Income Calculator for the New IDR Plan in 2023

Our discretionary income calculator below (fully updated with the latest 2023 poverty line numbers) will show you the brand new definition of discretionary income for 2023 when student loan payments start again. President Biden’s New IDR plan (called New REPAYE) now excludes 225% of income instead of 150% like IDR plans did historically. This means […]

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