FinanceStudent Loans
#RI-6a23cf42·8 months ago·
1
“Switched from SAVE to PAYE for loan repayment”
What Actually Happened
My new PAYE plan increased my monthly payment by 253.82% and I'm still paying off my loans
What I wish I knew
"I wish I knew the true cost of the PAYE plan before switching"
Advice to Someone Facing This Now
If I could tell you one thing
"Be cautious of the payment increase when switching to PAYE"
Regret Index
10/10
High, persistent regret.
Has not decreased significantly with time.
Has not decreased significantly with time.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
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Finance Category
2,949
Finance decisions logged. Avg regret 4.9/10 across the category.
Same Outcome Band
36%
of Finance decisions land in the severe band the same as this one.
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