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Student Loans: Calculating 10% of Your Income for IDR Plans

• by Wes Read CPA, CFP®
• June 17, 2020

When you sign up with an IDR student loan plan (IBR, PAYE, REPAY), your payments are capped at 10% of your income. But how exactly do you calculate that amount when paying your dental student loans?  There's a little more to the calculation than you might think. It's not complicated, but it is good to know. Let's take a quick dive into those calculations.