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Repaying student loans gets easier (MSN Money)
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Fri, 03 Jul 2009 00:43:29 GMT
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A new program links payments on federal student loans to income and forgives balances after 25 years. Those working in public service could have loans forgiven after 10 years.
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College loans come in a variety of packages (Chicago Sun-Times)
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Sat, 04 Jul 2009 09:24:23 GMT
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Deciding which student loan is right for you can be confusing because a variety of loans is available. Here's a rundown of the most common types.
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Federal student aid interest rates drop (Hibbing Daily Tribune)
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Fri, 03 Jul 2009 02:56:26 GMT
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HIBBING — As college costs continue rising in the next three years, interest rates on federal student loans are set to drop. Starting Wednesday, the U.S. Department of Education is dropping interest rates on subsidized Stafford Loans it disburses to 5.6 percent.
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Federal government changes rules for repayment of student loans (The Jackson Citizen Patriot)
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Fri, 03 Jul 2009 03:57:55 GMT
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The federal government this week began offering some students financial relief by allowing them to pay back loans based on their income. The new Income-Based Repayment Plan started Wednesday and caps monthly payments depending on income and family size.
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Graduate to lower student loan costs (CNN Money)
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Wed, 01 Jul 2009 18:23:45 GMT
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Today the government will begin offering a repayment plan that lets graduates reduce their monthly student loan payments based on their income. It's called the income based repayment plan and it's available to borrowers who took out federal loans or used a federal consolidation loan to combine their debt.
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Student loan interest rates drop today (The Monitor)
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Wed, 01 Jul 2009 07:26:04 GMT
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McALLEN — Denise Maldonado didn't find out about federal Stafford loans until her senior year at the University of Texas-Pan American. Maldonado, a first-generation college student, made her way through two years at South Texas College and then
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Repaying student loans now easier (Temple Daily Telegram)
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Wed, 01 Jul 2009 05:02:48 GMT
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NEW YORK - Repaying a student loan could soon be a little less painful. Starting this week, anyone with a federal student loan can apply for a program, run by the Department of Education, that caps monthly payments based on income, and forgives remaining balances after 25 years.
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Modest earners may get help repaying student loans (Chicago Sun-Times)
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Mon, 29 Jun 2009 09:49:41 GMT
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Repaying a student loan could soon be a little less painful. Starting this week, anyone with a federal student loan can apply for a program, run by the Department of Education, that caps monthly payments based on income and forgives remaining balances after 25 years. Those choosing to work in public service could have their loans forgiven after just 10 years. Eligibility for income-based ...
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College loan interest rate drops (Memphis Commercial Appeal)
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Sat, 04 Jul 2009 05:02:02 GMT
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The interest rate on need-based student loans dropped to 5.6 percent this month and will continue to drop until it reaches 3.4 percent in 2011, making the cost of college slightly more affordable.
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Rates for college loans start to go lower today (Courier-Post)
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Wed, 01 Jul 2009 12:24:55 GMT
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Everybody loves a bargain. That's why some folks will travel 10 miles to save 50 cents on a gallon of milk. But if you need to borrow money for college, you don't have to drive across town to get a good deal on student loans.
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