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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 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.

  4. What Democrats want Biden to do on student loans before ... - AOL

    www.aol.com/democrats-want-biden-student-loans...

    As of last week, the Department of Education said that borrowers were allowed to switch into two older repayment plans – Pay As You Earn, or PAYE, and Income-Contingent Repayment, or ICR – in ...

  5. 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

  6. How to determine whether you have federal student loans - AOL

    www.aol.com/finance/determine-whether-federal...

    On your account dashboard, you can find “My Loan Servicers” or check the National Student Loan Program System. If you’re making payments to a lender that isn’t listed, there’s a chance ...

  7. 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.

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