Heather -

Amazing site.  Complete transparency this question is for my girlfriend but I am attempting to help her figure this all out. 

I was shocked to find out that she has over $160,000 in student loan debt, but happy to learn she applies for PAYE.  With the initial payments expected to be as low as $500 she has the ability to re-pay more than that.  My question is, is there any benefit to that?  If she progresses in line with the calculator’s 5% raise annually she will have almost $190,000 in interest forgiven.  Is there any benefit to bumping her payments to $1000/mo or $1200/mo or would that just result in less of a foregivness?

Thank you!