IBR Facts from Loan Ranger Heather Jarvis
By Lauren Forbes
Recently, student loan expert Heather Jarvis shared two very timely and helpful blog posts on Income-Based Repayment,or IBR, an acronym with which this blogette and many other recent grads have become intimately familiar.
Check out “3 Best Things About IBR,” a video in which Heather tells students how to get a grip on student loans. And to ensure that we’re fully educated, Heather also posted a video about an IBR eccentricity, because IBR is unusual in that a borrower’s monthly payment may be even less than the interest that is accruing each month. Watch the video to find out what happens to that interest…
