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[DOC File]Fact Sheet: Protecting Student Loan Borrowers -- April 28 ...
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Though you can certainly get private student loans for reasonable rates, in general, they should be seen as a “last resort” after exhausting all your federal student loan options. This is because federal student loans typically have more protections for students, like fixed interest rates and sometimes even loan …
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[DOCX File]Types of Student Loans Explained: Federal vs. Private
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A new program for federal student loan borrowers who work in certain kinds of jobs (see below). It will forgive remaining debt after 10 years of eligible employment and qualifying loan payments. During those 10 years, the Income-Based Repayment (IBR) plan can help keep your loan …
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[DOC File]Fact Sheet: Modernizing Credit Reporting for Student Loans ...
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Loan Repayment Program/Loan Forgiveness. Assists students in repaying loans or completing some type of public service resulting in forgiveness of all or part of a student’s loan debt amount. Visit …
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[DOCX File]Good News! - Labor Market and Career Information
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Last year, President Obama signed a Presidential Memorandum on a Student Aid Bill of Rights, calling on the agencies to strengthen student loan servicing. In September 2015, the three agencies published a joint statement of principles calling for student loan servicing standards to improve borrower outcomes and reduce loan …
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How to Get a Student Loan - Options & Where to Start
Likewise, federal student lending has moved away from a bank-based system, where private lenders provided loans with federal guarantees. In 2010, Congress enacted the President’s student loan reform ending the Federal Family Education Loan Program (FFELP), and making the U.S. government, through the Direct Loan …
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[DOC File]Two Ways to Save a LOT of Money in Paying Back Student …
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: These loans are awarded on the basis of financial need and are regulated by the federal government. Students may be borrowing from a bank, a credit union, or directly from the government. A subsidized Stafford Loan is the loan of first choice, since the government …
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How to get a government student loan