Government student loan consumers meet the criteria for a number of repayment plans you to foot monthly installments to their earnings and nearest and dearest proportions. Over the years, exactly how many IDR programs has grown, and today several kinds of IDR preparations are available depending on financing sorts of and student loan records. For most eligible individuals, REPAYE contributes to a minimal payment of any offered IDR plan. By the end out of 2020, over twelve percent of the many Head Loan consumers in the payment was basically signed up for REPAYE.