Hi Heather, long time no speak. Great speech at NY Law School four years ago, I pass on what I got form you every day. In fact, just got my GF to consolidate and into IBR.

Now I have a quick question. So using an IBR calculator, I am eligible for IBR. But what happens when my salary goes up, and because of payments already made, my loans (principal + interest) goes down? Am I no longer become eligible for IBR and I have to go in to a standard repayment plan? My loans from law school are going to be about $200K when I graduate in July, and I am concerned that after a few years, they will kick me out of IBR and switch me to standard, and I will be making huge payments. Or, as long as I send the DOE documentation annually, will they keep me in IBR as long as I am eligible when the loan first enters repayments?

Hope this makes sense.

Thanks,
Ari