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  2. Income-driven repayment - Wikipedia

    en.wikipedia.org/wiki/Income-driven_repayment

    Income-contingent repayment of student loans has been formally proposed in the United States, in various forms, since 1971. The concept has been championed by politicians from both the right and the left. [7] The first iteration, Income-Contingent Repayment (ICR) plan, was signed in 1993 under President Bill Clinton, [8] and was introduced in ...

  3. Student loan forgiveness: Education Department discharges $1. ...

    www.aol.com/news/student-loan-forgiveness-itt...

    The Education Department (ED) is discharging $1.1 billion for 115,000 defrauded former students of the for-profit ITT Technical Institute (ITT) after a new review of existing regulations.

  4. Loan relief approved for more for-profit college students

    www.aol.com/finance/loan-relief-approved-more...

    The U.S. Education Department on Friday announced it will forgive student loans for more than 1,800 borrowers who attended a trio of for-profit colleges that made false recruiting claims and left ...

  5. ITT Technical Institute - Wikipedia

    en.wikipedia.org/wiki/ITT_Technical_Institute

    ITT Technical Institute (ITT Tech) was a private for-profit technical institute with its headquarters in Carmel, Indiana and many campuses throughout the United States. Founded in 1969 and growing to 130 campuses in 38 states of the United States, ITT Tech was one of the largest for-profit educators in the US before it closed in 2016.

  6. Student loans: Education Department discharges $3.9 billion ...

    www.aol.com/finance/student-loans-education...

    The Education Department is discharging $3.9 billion for 208,000 defrauded former students who attended the for-profit ITT Technical Institute from January 1, 2005, through its closure in ...

  7. Higher Education Relief Opportunities For Students Act

    en.wikipedia.org/wiki/Higher_Education_Relief...

    In March 2020, the CARES Act passed by Congress included a pause on federal student loans repayments and interest until September 30, 2020. [8] On August 8, 2020, the Trump administration issued a memorandum instructing the Secretary of Education to pause on student loan payments and interest through December 31, 2020 using the authority ...

  8. Biden administration cancels $3.9 billion in ITT Tech student ...

    www.aol.com/biden-administration-cancels-3-9...

    The Biden administration said Tuesday it will cancel the remaining federal student loan debt for borrowers who attended ITT Technical Institute. Biden administration cancels $3.9 billion in ITT ...

  9. Income-contingent repayment - Wikipedia

    en.wikipedia.org/wiki/Income-Contingent_Repayment

    Income-contingent repayment is an arrangement for the repayment of a loan where the regular (e.g. monthly) amount to be paid by the borrower depends on his or her income. . This type of repayment arrangement is mostly used for student loans, where the ability of the new graduate borrower to repay is usually limited by his or her inco

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