While you don’t qualify for PSLF as a private practice physician or dentist, you can still be eligible for the manageable monthly payment structure – and eventual forgiveness – that’s made possible through enrollment in an IDR plan. Just make sure you do your due diligence, especially as...
Eligibility for income-driven repayment is mainly limited to federal student loan borrowers. Federal Parent PLUS loans are not directly eligible for income-driven repayment, but they may become eligible for ICR by being included in a Federal Direct Consolidation Loan. Most private student loans do...
Any of your student loans enrolled in an IDR program are eligible for student loan forgiveness. Forgiveness means that if you make the required number of payments for your IDR plan and you have any balance remaining at the end of your term, the government wipes out the debt, and you don’...
However, while it’s the most borrower-friendly plan, very few people are eligible for it yet, as it isonlyeligible to recent student loan borrowers and cannot be switched into for those with older student loans. New IBR plans are limited to borrowers who did not have a loan balance as ...