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2. Income-driven repayment - Wikipedia

   en.wikipedia.org/wiki/Income-driven_repayment

   Income-driven repayment. Income-based repayment or income-driven repayment (IDR), is a student loan repayment program in the United States that regulates the amount that one needs to pay each month based on one's current income and family size. The phrase is an umbrella term for four specific repayment plans that are available within the ...

3. Student loans: Biden debuts application for new affordable ...

   www.aol.com/finance/student-loans-biden-debuts...

   August 1, 2023 at 2:27 PM. Student loan borrowers can now apply for what the Biden administration called " the most affordable repayment plan in history ." The Education Department this week ...

4. How to apply for student loan forgiveness – and scams to ...

   www.aol.com/apply-student-loan-forgiveness-scams...

   Here are a few ways to spot a scam: - Being asked for log-in information: the FSA and loan providers will never ask you for these details. - Promises that are too good to be true: according to the ...

5. Higher Education Act of 1965 - Wikipedia

   en.wikipedia.org/wiki/Higher_Education_Act_of_1965

   In addition to increasing the maximum Pell Grant award and reducing interest rates on subsidized student loans, a new "income-based repayment" option capped loan repayment at 15% of an individual's discretionary income, while a Public Service Loan Forgiveness promised that some borrowers could forgive student loan balances after ten years of ...

6. Biden’s New Student Loan Forgiveness Program Announced - AOL

   www.aol.com/biden-student-loan-forgiveness...

   The new strategy comes months after the U.S. Supreme Court struck down an ambitious earlier White House plan that would have provided up to $20,000 in loan forgiveness per borrower. That plan ...

7. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...