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  2. How To Get the Student Loan Interest Deduction - AOL

    www.aol.com/student-loan-interest-deduction...

    The pandemic-era relief provided by the student loan payment moratorium ended in 2023, and by 2024, borrowers were back in the routine of paying their college debt — with interest.

  3. Income-driven repayment - Wikipedia

    en.wikipedia.org/wiki/Income-driven_repayment

    Payments for undergraduate loans are capped at 10% of discretionary income. A proposal to lower the cap to 5% is blocked by a preliminary injunction. Combined undergraduate and graduate loan payments are capped at a weighted average between 5% and 10%. Interest does not accumulate faster than it can it be paid off, so loans never grow.

  4. If Trump Eliminates the Department of Education, Do You Still ...

    www.aol.com/finance/trump-eliminates-department...

    The U.S. Department of Education administers federal student aid programs such as Pell Grants, direct loans and work-study programs. These initiatives help students afford to attend college and ...

  5. Student loans: Biden's changes to repayment plans should go ...

    www.aol.com/finance/student-loans-bidens-changes...

    For example, if the IDR calculator determined the most you could afford to pay was $0 per month, you would still accrue interest on the loans. The interest payments would cause borrowers to fall ...

  6. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The US Department of Education pays the interest on the loan while the student is in school and he or she gets a grace period of six months after graduating. [ 12 ] Direct Unsubsidized : Unlike Subsidized loans, these federal loans do not require students to demonstrate financial need and they are responsible for paying interest on the loan ...

  7. Paid your student loans in 2023? You could qualify for this ...

    www.aol.com/paid-student-loans-2023-could...

    Payments were paused for more than three years because of the pandemic. Interest resumed in September and payments for many were due in October. The U.S. Department of Education found 60% of the ...

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