You might hear “income-based repayment” used to describe any payback plan that gives you a federal student loan bill based on how much you earn. But the government actually offers four income-driven plans, each of which has different requirements. The one officially known as income-based repayment is best for you if you meet these two...
The article 6 Must-Know Facts About Income-Based Repayment originally appeared on NerdWallet.
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