Hi. I am a low-income woman in Los Angeles and will begin paying off my student loans in December. I have 7k in student loan debt, but will be doing grad school later this year (an affordable school). Fafsa recommends the Pay as you Earn PAYE plan, but what do you all recommend?
I have 7K in student loan debt. What repayment plan should I choose?
byu/posh_seal_69 inStudentLoans
Posted by posh_seal_69
1 Comment
Low income is probably rap every time. If your loans are unsubsidized I would stay on rap during grad school because your payment will be basically 0 and interest won’t grow.
Obviously you can put extra money per month. In the grand scheme 7k shouldn’t be a financial burden