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October 1, 2012

IBR Goes Digital!

An Electronic Income-Based Repayment (IBR) Application is now available and only 27 months after IBR came on line!  If you qualify for Income-Based Repayment, your required monthly payment will be capped at an amount that is intended to be affordable based on your income and family size, and will be less than what you would have to pay under a 10-year Standard Repayment Plan. Why consider IBR?  Well, assuming that you are not a Kardashian or heir to the Five Guys Burgers & Fries™ dynasty (I like cheese, jalepenos, mushrooms…

By Heather  |  Category:  IBR, Student Loan Repayment  
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