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The Biden administration announced the week of July 18, 2022, that it is delaying the release of a new income-driven repayment (IDR) plan that could provide borrowers with more affordable monthly payments. Here’s an overview. An “alphabet soup” of income-driven repayment plans: Background Income-driven repayment (IDR) is a category of federal student loan repayment options […]
The post Biden Administration Delays Release of New Income-Driven Repayment Plan appeared first on Student Loan Planner.
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