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  2. Federal vs. private student loans: What’s the difference? - AOL

    www.aol.com/finance/federal-vs-private-student...

    Federal student loans. Private student loans. Interest rates. 5.50% to 8.05% for loans disbursed before July 1, 2024. 6.53% to 9.08% fixed for loans disbursed after July 1, 2024

  3. Pay As You Earn - Wikipedia

    en.wikipedia.org/wiki/Pay_As_You_Earn

    Only new borrowers may qualify if they received a disbursement on a loan on or after October 1, 2011. One qualifies as a new borrower if he/she had no outstanding balance on a Direct Loan or FFEL Program loan when he/she received a Direct Loan or FFEL Program loan on or after October 1, 2007. As with Income-Based Repayment (IBR), the borrower ...

  4. Employer student loan repayment: What it is and how to get it

    www.aol.com/finance/employer-student-loan...

    For instance, employers who offer student loan repayment assistance can do so tax-free up to the $5,250 limit. Plus, offering these benefits may help recruit, engage and retain employees.

  5. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The Federal Direct Loan Program has accumulated a very large outstanding loan portfolio of about $1.5 trillion and this number will continue to rise along with the percentage of defaults. A common concern associated with the program is the effect on the economy and repercussions for students that must repay these loans.

  6. Income-driven repayment - Wikipedia

    en.wikipedia.org/wiki/Income-driven_repayment

    Income-driven repayment. Income-based repayment or income-driven repayment (IDR), is a student loan repayment program in the United States that regulates the amount that one needs to pay each month based on one's current income and family size. The phrase is an umbrella term for four specific repayment plans that are available within the ...

  7. Student Loan Interest Freeze Extended — But You Should ...

    www.aol.com/student-loan-relief-extended-why...

    Ahead of his inauguration Jan. 20, President Joe Biden had indicated he would sign an executive order to extend the federal loan freeze until Sept. 30, back from the original expiration date of ...

  8. Student Loan Payments: Here’s the Official Date You ... - AOL

    www.aol.com/finance/student-loan-payments...

    The Biden administration plans to restart student loan payments no later than 60 days after June 30, 2023, he added. Based on that schedule, you can expect to resume payments on or before Aug. 29 ...

  9. Student financial aid in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_financial_aid_in...

    Federal Perkins Loan (Perkins Loan) Program: This is a school-based loan program for eligible students with exceptional financial need. Students may qualify for a Perkins Loan of up to $8,000 each year depending on financial need, the amount of other aid received, and the availability of funds at the school.

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