re: Student Loans

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Im no financial guy

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That part is clear, keep your money. She can do the SAVE program and have low payments, will go to 5% of her income in July. .. and be forgiven if she pays long enough

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One of the greatest benefits for borrowers on the SAVE Plan is the government interest subsidy. On the SAVE Plan, if you pay what you owe each month, your loans won’t grow due to unpaid interest. This is because any accrued interest not covered by your monthly payment won’t be added to your principal balance.

Under other IDR plans, you may see your loan balance grow due to unpaid interest. With the SAVE Plan, any remaining accrued interest will be covered by the government, so your principal balance won’t increase.

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