"If you have a student loan debt balance that is close to or exceeds your annual income, this is for you. Income-Based Repayment (IBR) is a new way to lower your federal student loan payments starting July 1, 2009. It caps monthly payments and forgives remaining debt and interest after 25 years. And if you’re a teacher or work in government, nonprofit, or other public service jobs, you could have your federal loans forgiven after just 10 years."
See Income-Based Repayment of Federal Student Loan Debt Starts July 1st.
About Me
- Alexandra
- A homeschooling mother of one teenager and a little. In 2001, I resigned from my 13 year position as a case manager to homeschool my oldest who was a preschooler at the time, and later a daughter who came along in 2005. This is by far the hardest job I've ever loved. My husband of nearly 20 years supports us as a fire fighter and EMT.
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