00:00The federal student loan payment pause is tentatively set to lift in June 2023.
00:06New proposed guidelines for an income-driven repayment plan have discretionary income calculated at 225% of the federal poverty
00:14guidelines instead of 150%.
00:17Monthly payments will be capped at 5% of discretionary income instead of 10%.
00:22So what is the most efficient way to manage student loan debt as a married couple?
00:27Chartered financial analyst Travis Hornsby tells Insider that married couples could lower their payments by filing separately.
00:34Lowering your adjusted gross income is the key to lowering payments.
00:38If you and your spouse have private student loans, Forbes explains that consolidating that debt could get you a reduced
00:44interest rate and lower monthly payments.
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