Whenever you make lower payments or extend your repayment period, you will likely pay more interest over
time—sometimes significantly more—than you would pay under a 10-year Standard Repayment Plan. Also,
under current Internal Revenue Service (IRS) rules, you may be required to pay income tax on any amount
that is forgiven if you still have a remaining balance at the end of your repayment period. You should carefully
consider whether an income-driven plan is the best plan for you based on your individual circumstances.

For more information go to the Income-Driven Repayment Plans: Frequently Asked Questions Website