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Biden administration proposes lowering income-driven student loan repayments

Por: The Hill Politics January 10, 2023

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The Biden administration is proposing to lower the cost of monthly student loan bills under a certain type of income-driven repayment (IDR) plan that for some borrowers will amount to $0 per month. The Department of Education announced Tuesday that under the proposed changes, those making less than roughly $30,500 annually would have $0 monthly payments. The same criteria would apply to a borrower in a family of four that makes less than... + full article



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