Sorting Through IDR

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Welcome to "IDR Uncovered," where we delve deep into the perplexing world of Income-Driven Repayment (IDR) plans for student loans. This podcast is designed to enlighten, inform and guide you through the intricacies and potential pitfalls associated with IDR.

We'll confront the widespread confusion surrounding IDR, clarifying the differences between Student loan forgiveness programs, such as SAVE vs PAYE, addressing common queries like 'who should choose SAVE?' or 'do I need to recertify my income?'. Our mission is to untangle the complexities and clear up any confusion you may have.

Throughout this episode, we'll cover diverse topics like the role and recommendations of loan servicers, the mechanics of how IDR works, and how it affects different professions. For instance, did you know that a traveler's monthly payment is based on salary, not on stipend?

We'll provide insights on comparing costs, the pros and cons of using SAVE to pay off student loans, and the essentials of certifying your income. Plus, we'll guide you through the IDR application process on, offering expert tips for scenarios such as reporting a drop in income.

So, whether you're a student, graduate, or professional grappling with loan repayment decisions, "IDR Uncovered" will be your go-to guide, providing you with comprehensive, understandable, and actionable information. Tune in to navigate the maze of IDR with confidence and make informed decisions about your financial future.