Pay Off Your Student Loan with Help from Uncle Sam
Today could be a day of liberation for millions of college graduates who are struggling with college loan payments. Thanks to the federal government's new Income Based Repayment Plan, which takes effect today, many debtors can cut their payments on their federal student loans to less than 15 percent of their incomes.
The U.S. Department of Education's official site about IBR is a great place to start, but anyone thinking of applying for the program should consider a few details:
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