New option provides lower monthly payments to help borrowers responsibly manage student loan debt
Washington, DC–(ENEWSPF)–December 21, 2012. The U.S. Department of Education announced today that many borrowers are now able to take advantage of a new repayment plan that could lower their monthly federal student loan bills. The plan, known as Pay As You Earn, caps monthly payments for many recent graduates at an amount that is affordable based on their income. This new…
