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As you know, much of education today is financed by student loans and other financial aid. The process can be daunting, filing FAFSA /CSS forms, understanding offer letters, deciding which loans/grants to accept, and will they be available all 4 years, understanding loan repayment options, meeting all those deadlines, and even understanding the true cost of for-profit colleges. We offer you resources and options on this site to help de-mystify the process. If you find the site beneficial, please tell someone, and share your own experiences to benefit the nation. Please take a moment to subscribe (free) to the site for automatic updates. Join the Nation!






Showing posts with label income-based repayment. Show all posts
Showing posts with label income-based repayment. Show all posts

Monday, September 17, 2012

Student Loan Debt Hampering Your Start Up Business Desires?

So, you graduated college, haven't been able to find a job, you have a few ideas to start a business, but at the back of your mind you are probably thinking that there is no way you can make your student loan payments and undergo the uncertainty of a start-up, well consider the income-based repayment (IBR) programs that exist for federal student loans.   Under this program graduates with lower incomes or families are required to make loan repayments on a sliding scale.  See what your repayment amount might be with this IBR calculator.   Learn more about the program here.   Read Sean Greene's piece on Student Start-Up Plans.