INCOME BASED REPAYMENT
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Get Your Monthly Payments Under Control: Income-Driven Repayment Plans for Your Federal Student Loans
If you're like the two-thirds of college grads who took on debt, you owe an average of about $30,000 in federal student loans. That means you'll likely be facing steep monthly payments stacked against a low income after graduation. But there's a way for some borrowers to avoid a lot of month-to-month aggravation.