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Student Loans – Income based Repayment Plans

July 2nd, 2009 · No Comments · Uncategorized

Income Based Repayment (IBR) is a new repayment plan for the major types of federal loans made to students. Under IBR, your required monthly payment is capped at an amount that is intended to be affordable based on your income and family size. Any Stafford, Grad PLUS or Consolidation loan made under either the Direct [...]

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