Most attorneys should be using one of these three plans:

– Pay As You Earn (PAYE)
– Revised Pay As Your Earn (REPAYE)
– Private Refinancing

PAYE is a pure forgiveness play.

REPAYE is good for attorneys who would rather have a smaller tax bomb in 25 years or who are planning to eventually refinance.

Refinancing is smart if you work at a private sector employer and will eventually owe less than 2 times your salary.

Why is this such a big deal?

I’ve advised numerous attorneys who’ve switched onto one of these plans and gotten over $50,000 of projected savings.