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What is one benefit of selecting an income-based repayment plan for your student loans?If you take a job that pays a low income, you will
What is one benefit of selecting an income-based repayment plan for your student loans?If you take a job that pays a low income, you will never have to pay any of your student loansYour student loan interest rate will fluctuate based on how much you've earned in the previous yearYour monthly loan payment will be based on your income, so that you're not paying more than 20% of income toward your loansThe total loan amount will be decreased to meet your starting salary at your first post-college job
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