New Student Loan Repayment Program Will Lower Your Payments
Posted on June 30th, 2009 by Student Loan News
Great news, everybody. New federal student loan guidelines that go into effect July 1st will help you lower your monthly payments. According to the Chronicle of Higher Education : The federal government’s new income-based repayment program, which takes effect Wednesday, allows borrowers to repay their loans as a percentage of their income, lowering payments for those with high debt-to-income ratios. Under the plan, which was created as part of the 2007 College Cost Reduction and Access Ac
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