re: student loan forgiveness

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Question for you anc:

I am 23 years old, married, with a 2 year old. Have 22k in student loans that I am about to start paying on this month. I work for a public accounting firm. My 2014 AGI should be somewhere around $30k but my 2015 AGI will probably closer to $40k.

Any options for me? Also, I am the only one in the household working.

Thanks

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There are no forgiveness opportunities available, and your AGI being more than your loan balance limits the repayment options to standard and graduated. You can go to student loans.gov and import your info from the student loan database and the IRS, and it will give you the options. With the one child, you may qualify for a Pay as You Earn plan, which is a significantly lower payment, but as your income grows, your payment will grow, possibly more than the standard.