Paying Back Your Loan Through Different Loan Programs & Repayment Plans
If you have student loans that scare you, you are not alone. Many people are turning to income-driven repayment plans as a way to change the way they pay back their loans. Loan programs and repayment programs can help you pay less, allowing you to focus on paying off other bills, including a mortgage. Fortunately for many people, the federal government offers income-driven repayment plans. These plans lower your monthly bill to allow you to pay what you can based on the size of your family and your income level.