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  2. Public Service Loan Forgiveness - Wikipedia

    en.wikipedia.org/wiki/Public_Service_Loan...

    The Department of Education reported that 2,215 borrowers had the remainder of their respective student loans forgiven under the program as of April 30, 2020 for a denial rate of 98.5%. The PSLF program has received criticism and has been the subject of litigation by loan-holders trying to discharge their student loans.

  3. Income-contingent repayment - Wikipedia

    en.wikipedia.org/wiki/Income-Contingent_Repayment

    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 ...

  4. Loan default rates and student loan repayment - AOL

    www.aol.com/finance/loan-default-rates-student...

    Debt and delinquencies could rise. About 40 percent of borrowers missed their first student loan payment in October 2023, according to the Department of Education. Though late or missed payments ...

  5. Student loan - Wikipedia

    en.wikipedia.org/wiki/Student_loan

    v. t. e. A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student ...

  6. What to know if CornerStone was your student loan servicer - AOL

    www.aol.com/finance/know-cornerstone-student...

    The Department of Education doesn’t directly handle the management and repayment of federal student loans. Instead, it contracts that work out to loan servicing companies like Navient , Nelnet ...

  7. How to choose the best student loan repayment plan - AOL

    www.aol.com/choose-best-student-loan-repayment...

    Millions of borrowers are required to make their monthly student loan payment for the first time in three-plus years in October, but there are several repayment plans available that could make the ...

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