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Repayment of Student Loans: Federal Plans & Forgiveness Options & Issues for Older Americans
Georgel Payne
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Description for Repayment of Student Loans: Federal Plans & Forgiveness Options & Issues for Older Americans
Paperback. Editor(s): Payne, George L. Num Pages: 70 pages. BIC Classification: 1KBB; JNA; JNKG. Category: (P) Professional & Vocational. Dimension: 154 x 231 x 16. Weight in Grams: 150.
Many eligible borrowers do not participate in the Department of Education's (Education) Income-Based Repayment and Pay As You Earn repayment plans for Direct Loans, and Education has not provided information about the plans to all borrowers in repayment. These plans provide eligible borrowers with lower payments based on income and set timelines for forgiveness of any remaining loan balances. As of September 2014, outstanding federal student loan debt exceeded $1 trillion, and about 14 percent of borrowers had defaulted on their loans within 3 years of entering repayment, according to Education data. This book discusses how participation in Income-Based Repayment ... Read more
Many eligible borrowers do not participate in the Department of Education's (Education) Income-Based Repayment and Pay As You Earn repayment plans for Direct Loans, and Education has not provided information about the plans to all borrowers in repayment. These plans provide eligible borrowers with lower payments based on income and set timelines for forgiveness of any remaining loan balances. As of September 2014, outstanding federal student loan debt exceeded $1 trillion, and about 14 percent of borrowers had defaulted on their loans within 3 years of entering repayment, according to Education data. This book discusses how participation in Income-Based Repayment ... Read more
Product Details
Publisher
Nova Science Publishers Inc
Format
Paperback
Publication date
2016
Condition
New
Number of Pages
70
Place of Publication
New York, United States
ISBN
9781634849227
SKU
V9781634849227
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-2
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