JohannDeMann wrote:Anonymous User wrote:$220k debt
I'm currently on REPAYE. I wasn't eligible for PAYE because I have one loan that I took out 30 days before the October 2007 cut-off. My partner has no debt. We'd like to get married in the next year or two, but I'm concerneced with the REPAYE marriage penalty. IBR doesn't have a marriage penalty, but it's 15% discretionary income versus 10% on REPAYE. Is it just a matter of deciding which payment plan puts me at a lower monthly payment?
could get a civil union. i considered that for a while.
Or have the marriage ceremony, simply don't file for a marriage license with the state, and continue to file as "single" (assuming you don't live in one of the few states that still recognizes common law marriage). You can accomplish virtually everything you get through marriage with wills, so filing for a marriage license with the state is kind of pointless and dumb if you're on REPAYE imo. No one's going to think you're any less married regardless of whether you file for a marriage license with the state (as a practical, no one besides you and your partner will even know, unless you tell them).