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Managing Student Loan Debt is Big Issue Today

Repayment Programs (Income-Based) -If your payments on eligible federal student loans are in excess of 15% of your earnings above 150% of the poverty level under a 10-year standard repayment plan, you may be eligible for an income-based repayment program. Under this program, your outstanding loan balance may be forgiven after 25 years of qualifying repayment.

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