+12 Income-Contingent Repayment Plan References. Web the current idr plans operate as follows: It offered borrowers an alternative to the standard repayment plan, where borrowers repaid their loans over the course of 10 years with fixed monthly payments.

Web the income contingent repayment (icr) plan is designed to make repaying education loans easier for students who intend to pursue jobs with lower salaries, such as careers. Instead, icr bases borrowers’ monthly payments on their incomes and family. Saving on a valuable education (save) plan—formerly known as repaye;.