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  • Yosi Rahimi

Does marital status impact my REPAYE plan?

Revised Pay As You Earn Repayment Plan (REPAYE) offer student loans borrower to pay a lower monthly payment on their student loan, however, REPAYE also takes into consideration the borrower's spouse income.


D. from Arizona, $42.5K student debt

There are several different income driven repayment plans offered by the the department of education. Each plan has specific requirements, eligibility standards and uses a different type of monthly repayment calculation. For D. the bottom line is:

1. Generally the loan servicer will use both you and your spouse income to calculate your monthly payment amount

2. This calculation is regardless of whether you file your tax return separately.


Have a specific question regarding your loans? Send it to FreeAdvice@moneycompass.io

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#studentloans #REPAYE #lowermonthlypayment #personalfinance