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Government Program to Pay Student Loans (KESQ Palm Springs) |
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More info... On July 1, 2009 a new government program started to help people pay off student loans. The plan lets graduates reduce their monthly student loan payments based on income. It's called the "Income-Based Repayment Plan" and it's available to borrowers who took out federal loans or used a federal consolidation loan to combine debt. To see if you qualify, click here .
New Plan Ties Reduced College Loan Payments to Income (New York Times)
Starting Wednesday, the federal Education Department will begin offering a repayment plan that lets college graduates reduce their loan payments, based on their income.
Student Loan Consolidation (WCAV Charlottesville)
A new federal student loan program goes into effect next month, offering grads an opportunity to consolidate their loans at a low interest rate.
Loan Relief Gets Respect (American Bar Association)
Nothing impresses legislators like the voices of their constituents, thought Michael Pellicciotti, immediate past chair of the ABA Law Student Division.
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