Key points:

  1. The main types of loans that individuals have most often are either a Direct Subsidized or Direct Unsubsidized Loan.
  2. Two major category types of repayment plans; income based and non-income based. Many residents take advantage of the income based repayment plan. People who benefit most from income based repayment plans have a long time ahead in training that will qualify for Public Service Loan Forgiveness and those that have high student debt (most doctors).
  3. To determine which student loan repayment plan is best for you figure out if you are able to make standard repayment plan loan payments. If so this is the best option to minimize debt, if not then consider Income Dependent Plan if Public Service Loan Forgiveness may be an option for you in the future.

Read the full article here:

The Student Loan Repayment Guide