The College Cost Reduction and Access Act of 2007 introduced income-based repayment as a more generous alternative to income-sensitive and income-contingent repayment, starting on July 1, 2009. Unlike income-contingent repayment and income-sensitive repayment, it is available in both the Direct Loan and FFEL programs. Income-based repayment is like income contingent repayment, but caps the monthly payments at a lower percentage of a narrower definition of discretionary income.
Crushed by Student Loans? Help's Coming!College graduates, who have an average of $22,000 in student-loan debt and face a bleak job market, are learning that a degree doesn't always pay for itself.
If you're a recent graduate who's strug
http://www.mainstreet.com/article/career/students/...
Grads May Soon Repay Student Loans Based On IncomeGrads May Soon Repay Student Loans Based On Income
David K. Randall, 06.02.09, 04:00 PM EDT
Borrowers drowning in high student loan debt will be thrown a life preserver on July 1. That's when a ne
http://www.forbes.com/2009/06/02/student-loan-calc...
New College-Loan Plan: Pay Back By What You Earn
New College-Loan Plan: Pay Back By What You Earn
By GILBERT CRUZ
Thursday, Jul. 02, 2009
College students are often forced to make a decision between two life paths: one that feeds the soul a
http://www.time.com/time/nation/article/0,8599,190...
New Income Based Repayment Plans, Same Old StoryNew Income Based Repayment Plans, Same Old Story
By Kent Anderson, Oregon Bankruptcy Lawyer on Jun 11, 2009 in Student Loans
The arrival of yet another government-initiated plan to manage out of c
http://www.debtlawnetwork.com/new-income-based-rep...
New Loan Repayment Program Can Help Cash-Strapped GradsNew Loan Repayment Program Can Help Cash-Strapped Grads
By CityTownInfo.com Staff
May 19, 2009
A new federal program beginning this July will cap monthly student loan payments based on income,
http://www.citytowninfo.com/career-and-education-n...
Pay Off Your Student Loan with Help from Uncle SamPay Off Your Student Loan with Help from Uncle Sam
July 01, 2009 11:54 AM ET | Kim Clark
Today could be a day of liberation for millions of college graduates who are struggling with college loan
http://www.usnews.com/blogs/college-cash-101/2009/...
Smart Money Move: Student Loan MakeoverThe Buzz Log What’s hot on Yahoo! Buzz™ (and why)...
Our crack team of editors takes a closer look at the hottest trends on Yahoo! Buzz.
Student Loans Getting a Bailout
Smart Money Move:
http://buzz.yahoo.com/buzzlog/92751
Student Loan Debt Relief; Income-Based Repayment (IBR)Student Loan Debt Relief
(NAPSI)-There's good news for college graduates who are struggling to pay off student loans. If you have federal student loans, no matter when you took them out, there's a
http://www.napsnet.com/articles/61083.html
