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2. Federal Direct Student Loan Program - Wikipedia

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

   In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

3. Income-driven repayment - Wikipedia

   en.wikipedia.org/wiki/Income-driven_repayment

   However, if a Parent PLUS Loan is consolidated into a Direct Consolidation Loan, then the Direct Consolidation Loan may be repaid under the ICR Plan. [3] Eligible loans for the IBR Plan are all loans made under the Ford Program and Federal Family Education Loan Program except for Parent PLUS Loans.

4. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   The US first major government loan program was the Student Loan Marketing Association (Sallie Mae), formed in 1973. [19] [clarification needed] Before 2010, federal loans included: loans originated and funded directly by the Department of Education (ED) government guaranteed loans originated and funded by private investors.

5. Higher Education Act of 1965 - Wikipedia

   en.wikipedia.org/wiki/Higher_Education_Act_of_1965

   The legislation significantly expanded the student loan program by creating an "unsubsidized" version of the loans available to any student, regardless of whether the financial aid formulas determined that they had unmet need. [9] In the 1992 presidential campaign universal access to loans had become a policy supported by both major candidates ...

6. Student loan forbearance vs. deferment: Key differences and ...

   www.aol.com/finance/student-loan-forbearance-vs...

   Parent PLUS borrower deferment for parents who received a Direct PLUS Loan to pay for their child’s education, and the student is enrolled at least half-time at an eligible college or career school.

7. FAFSA - Wikipedia

   en.wikipedia.org/wiki/FAFSA

   Direct Subsidized Loans have fixed interest rates for the life-time of the loan. The interest rates for new loans are set yearly by the U.S. Congress. Federal Direct Unsubsidized Loan - Part of the Federal Direct Student Loan Program, Federal Direct Unsubsidized Loans are not need-based, meaning that nearly all students are eligible to receive ...