[malnourish]

The problem with IBR plans is they are generally only for federal loans. In my experience, private loans offer no alternative payment plans up front.

[jonesb6]

Worst still a large number of companies are springing up offering refinancing on private loads that offer absurd terms and drag debtors further into the hole. These refi companies are to debtors what for-profit schools are to blue-collard workers.