What is IBR ?
The term “Income-Based Repayment” is often misused as a catchall for the various IDR programs available today.
Income-Based Student Loan Repayment, Is it right for you ?
Are your Federal student loan payments giving you a headache? Then you might want to consider enrolling in the Income-Driven Repayment (IDR) Plan.
What is an IDR ?
An income-driven repayment (IDR) plan is a repayment plan for people with federal loans created to make your monthly loan payments more affordable. Income-driven repayment plans don’t cover private loans.