Pre 2014 loan paid minimum for 12 years balance at $175,000. With PAYE sunsetting in 2028, the math given extra years, higher payments and tax bomb seems to favor completely changing course to aggressive payoff.
If we have the means, can we just pay $2,500 a month towards the loans and just stay on PAYE until moved to Old IBR and just keep paying the $2,500? seems like the income based monthly payments are irrelevant when paying over and above to this extent.
Anything I am missing or alternatives to consider?
Posted by vvvvvwaves