How would an income-based repayment plan work for a married couple, each repaying on their respective student loans and filing their taxes jointly? I’m currently in school for my MBA and my husband is also a full time student so I’ve got some time to research this. I’d like to be prepared. I know that there are new laws taking into effect next year… something about 15% of AGI from tax returns filed. This is something that my husband and I would be interested in. Because we are still in school, we have not consolidated any of our student loans. Where do we begin?
Thanks in advance for your help!