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2. Student loans: Biden debuts application for new affordable ...

   www.aol.com/finance/student-loans-biden-debuts...

   August 1, 2023 at 2:27 PM. Student loan borrowers can now apply for what the Biden administration called " the most affordable repayment plan in history ." The Education Department this week ...

3. 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

4. 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 ...

5. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

6. 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 ...

7. 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.