Navigating the complexities of student loan repayment can feel overwhelming, especially with the various repayment plans available. The Income-Contingent Repayment (ICR) plan offers a potentially beneficial path for borrowers struggling with high student loan debt. This guide delves into the intricacies of ICR student loans, providing a clear understanding of eligibility requirements, payment calculations, forgiveness options, and potential long-term implications. We aim to equip you with the knowledge necessary to make informed decisions about your repayment strategy. Understanding ICR involves more than just knowing the monthly payment calculation; it requires a comprehensive grasp of its eligibility criteria, the factors affecting Read More …