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  2. Federal Direct Student Loan Program - Wikipedia

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

    The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1]

  3. 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 ...

  4. Student financial aid in the United States - Wikipedia

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

    e. Student financial aid in the United States is funding that is available exclusively to students attending a post-secondary educational institution in the United States. This funding is used to assist in covering the many costs incurred in the pursuit of post-secondary education. Financial aid is available from federal and state governments ...

  5. Student loan debt statistics - AOL

    www.aol.com/finance/student-loan-debt-statistics...

    In June, 43.6 million Americans held federal student loan debt, with an average balance of $38,000 per borrower. In total, the U.S. has a collective balance of over $1.7 trillion in student loans ...

  6. Average student loan debt for law school

    www.aol.com/finance/average-student-loan-debt...

    Law school graduates owe an average of approximately $130,000 in educational debt upon graduating. 90% of students take out loans to pay for law degree or prior education. Over half of borrowers ...

  7. Student loan payments are back. Here’s where some ... - AOL

    www.aol.com/student-loan-payments-back-where...

    Prior to the pandemic, student loan debt was the fastest-growing category of household debt, and vaulted from a 3% share in 2003 to 11% in 2018, according to Federal Reserve Bank of New York data.

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