I went for my undergrad in 2009. Out of state first two years at WSU then U of I to wrap up. In 2019 I began my masters with Walden online. I wish I could upload the screenshots from FSA but can't see how. I fear I may be one of the luckier ones because any student taking loans out after 7/1/26 are no longer eligible for any IDR plan as I understand it. Meaning 0 options for any discharged assistance.

My question now... do I enroll in PAYE for the couple years it's still available until it disappears too? What happens to the principle over that time? FSA didn't show that info in the calculator.

Or do I enroll in IBR now to lock in that 65,622 principle (is that how it works?) and pay it off as fast as I can?? Thanks for the help

Current Repayment Plan — SAVE

• Repayment Plan: Saving on a Valuable Education (SAVE) Plan
• Monthly Payment: $0

Total Balance: $156,466

• Interest Rates: 4.30%–7.05%

Pay As You Earn (PAYE) Repayment Plan

(no information listed on principle, total or interest??)

• Monthly Payment: $392
• Plan Ends: June 30, 2028
• The PAYE Plan will become unavailable no later than July 1, 2028.
• If enrolled in PAYE at that time, you will need to switch to a different repayment plan to continue making payments.

Repayment Assistance Plan

• Monthly Payment: $414
• Monthly payments are based on a percentage of Adjusted Gross Income (AGI).
• Percentage ranges from 1% to 10%, depending on income level.
• Minimum payment: $10 per month
• Total to Be Paid: $316,864
• Principal Paid: $123,598
• Interest Paid: $193,266
• Discharge Amount: $17,124
• End of Term Date: July 2056

Income-Based Repayment (IBR) Plan

• Monthly Payment: $589
• Monthly payments are limited to 15% of discretionary income, depending on when you received your first loans.
• Total to Be Paid: $267,919
• Principal Paid: $65,622
• Interest Paid: $202,297
• Discharge Amount: $80,444
• End of Term Date: July 2051

Extended Graduated Repayment Plan

• Monthly Payment: $737 → $35
• Payments start high and gradually decrease every two years.
• Loans are repaid over an extended period of 25 years.
• Total to Be Paid: $307,537
• Principal Paid: $156,466
• Interest Paid: $151,071
• Discharge Amount: $0
• End of Term Date: December 2050

Graduated Repayment Plan

• Monthly Payment: $874 → $556
• Payments start high and gradually decrease every two years.
• Loans are repaid over 10 years for most loans.
• Repayment is usually longer for consolidation loans.
• Total to Be Paid: $264,885
• Principal Paid: $156,466
• Interest Paid: $108,419
• Discharge Amount: $0
• End of Term Date: August 2055

Income-Contingent Repayment (ICR) Plan

• Monthly Payment: $918
• Plan Ends: June 30, 2028
• The ICR Plan will become unavailable no later than July 1, 2028.
• If enrolled in ICR at that time, you will need to switch to a different repayment plan to continue making payments.

Extended Fixed Repayment Plan

• Monthly Payment: $984
• Allows a fixed monthly payment over an extended period of 25 years.
• Total to Be Paid: $287,509
• Principal Paid: $156,466
• Interest Paid: $131,043
• Discharge Amount: $0
• End of Term Date: February 2051

Standard Repayment Plan

• Monthly Payment: $1,373
• Fixed monthly payments are usually set at a 10-year repayment term.
• Longer terms may be possible for consolidation loans.
• Total to Be Paid: $249,033
• Principal Paid: $156,466
• Interest Paid: $92,567
• Discharge Amount: $0
• End of Term Date: December 2055

Tiered Standard Plan

• Status: Ineligible