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Additional Payments When IBR does not cover interest…

Total Posts: 1

Joined 2012-06-02

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Hi Heather,

Thanks so much for providing all these resources - you have made an overwhelming situation much less difficult to manage.

Anyway, I understand that the government would pay the interest for 3 years if IBR payments do not cover the cost of interest. If this happens, would it be possible to make significantly higher payments to help lower the principle?

Thanks!