Student Loan Repayment Plans Explained: What Borrowers Need to Know
What’s the difference between the new Repayment Assistance Plan and the Tiered Standard Repayment Plan? Which plan might make sense for different borrowers? And what should students and families know before choosing how they’ll repay their federal student loans?
In this episode of Coffee with KHEAA, Casi Benedict, Brandi Forker and Connor Vogt dive into the newest student loan repayment options, including income-based payments, interest protection, principal matching, forgiveness and Public Service Loan Forgiveness. They also discuss the importance of choosing a repayment plan based on your…
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