- Joined Aug 4, 2004
I just finished school on the 21st of may and I am already getting payment deadline letters from the government. I have 23,000 to pay back and I'm not feeling the 265 per month payments. I'm only doing 38K a year with my current job. I thinking of going for the ICR (Income-contingent repayment) or IBR repayment plans, since they appear to offer better terms. So far my student loans are my only debt and I'm thinking about going for the ICR. Anybody using these plans wanna chime in?