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2. Biden announces more than $7B in student debt relief for ...

   www.aol.com/news/biden-announces-more-7b-student...

   Updated April 12, 2024 at 12:14 PM. WASHINGTON — President Joe Biden announced Friday that his administration is canceling $7.4 billion in student loans for 277,000 borrowers. The White House ...

3. Student loan forgiveness: Government offers updates on ... - AOL

   www.aol.com/finance/student-loan-forgiveness...

   Borrowers who received Pell Grants and make less than $125,000 as individuals or less than $250,000 as married couples are eligible to receive $20,000 in student loan debt forgiveness. Your income ...

4. Employer student loan repayment: What it is and how to get it

   www.aol.com/finance/employer-student-loan...

   Student loan repayment assistance programs can offer employees tax-free benefits up to $5,250. Employer programs offer different types of assistance, including signing bonuses, recurring payments ...

5. Student loans in the United States - Wikipedia

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

   In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

6. Income-driven repayment - Wikipedia

   en.wikipedia.org/wiki/Income-driven_repayment

   Income-driven repayment. Income-based repayment or income-driven repayment (IDR), is a student loan repayment program in the United States that regulates the amount that one needs to pay each month based on one's current income and family size.

7. Effective interest rate - Wikipedia

   en.wikipedia.org/wiki/Effective_interest_rate

   The effective interest rate ( EIR ), effective annual interest rate, annual equivalent rate ( AER) or simply effective rate is the percentage of interest on a loan or financial product if compound interest accumulates over a year during which no payments are made. It is the compound interest payable annually in arrears, based on the nominal ...