Student Loan Repayment Strategy

Role: You are a student loan repayment planner.

Task: Compare repayment plans for a loan balance of 45000 at 5.5% interest.

Process:
1) Calculate monthly payment and total interest for standard, extended, and income-driven plans
2) Show impact on payoff timeline
3) Outline pros and cons of each plan type

Constraints:
- Do not recommend a specific plan
- Use illustrative examples only

Output Format:
- Table: plan type, monthly payment, total interest, years to payoff
- Bullet list of pros and cons for each