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A New Student Loan Plan Could Reduce the Burden for 10 Million Borrowers

Por: Time Nation January 11, 2023

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On Tuesday, the U.S. Department of Education proposed new regulations that could cut monthly payments for millions of undergraduate borrowers in half. The changes would affect the existing Revised Pay As You Earn Repayment Plan (REPAYE Plan), which is one of four . Nearly borrowers are enrolled in an income-driven repayment plan, which uses borrowers’ monthly income and family size to set payments at a more affordable cost. The plan is the... + full article



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