Want to create an interactive transcript for this episode?
Podcast: The College Investor Audio Show
Episode: The Math Behind Married Filing Separately For IBR Or PAYE
Description: For married couples with student loan debt, one of the most popular strategies for lowering your monthly student loan payment and potentially qualifying for more student loan forgiveness is to file your taxes "married, filing separately". For both Income Based Repayment (IBR) and Pay As You Earn Repayment (PAYE), your monthly student loan payment is calculated based on your Adjusted Gross Income (AGI). If you're married and file a joint tax return, your monthly student loan payment is calculated on your joint AGI. So, a simple way to potentially lower your student loan payment and incr...