pdwannabe wrote:i have a question about loan repayment. i thought about putting it in the loan thread, but i figured everyone in this thread is pretty much in the same boat
whats the best repayment program for us to do? i have about 186k in debt and ill be working at a public defenders office making < 50k/yr. don't know if ill stay for the full 10 years but its possible. anyways Im filling out the exit counseling thing and i have no clue what to put. i prob have to do some research but i figured it'd be worth asking in here. what payment plan are you doing?
any 3L who's going to be a PD or anyone who already is a PD could answer this
If you have an LRAP that will be helping you make the payments, it doesn't hurt to do IBR, which has higher monthly payments and helps putting just a teensy bit more of a dent in the interest you accrue every year. Otherwise, do PAYE.