July, 2009

Reduced College Loan Payments

Reduced College Loan Payments

New Plan Ties Reduced College Loan Payments to Income By JONATHAN D. GLATER Published on June 30, 2009 For the first time in years, there is good news for college students who borrow to pay for their education. Starting Wednesday, the federal Education Department will begin offering a repayment plan that lets graduates reduce their loan payments, based on their income. “We know today’s...

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