Posts Tagged ‘Student Loans’
Income Driven Repayment account adjustment
The income driven repayment account adjustment is a one-time adjustment that will increase the number of qualifying payments that borrowers have made toward income driven repayment plans. This could lead to a larger loan forgiveness amount for some borrowers. For undergraduate loans, the repayment time is 20 years–for graduate loans, it is 25 years. But…
Read MoreStudent loan repayments paused again
Wondering when your student loans will go back in to repayment? According to the administration, repayment won’t start until lawsuits stop. The recently announced plan to cancel up to $20,000 in student loan debt for qualified Americans is on hold because of lawsuits attacking it. In response, the Department of Education has stated that the…
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