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Tag Archives: The American Prospect

Changing the Student Loan System

Recently, The American Prospect‘s David Dayen’s introduced us to a new student loan system. A new program implemented for income driven based repayments (IDR). It requires lesser payback amounts and shorter a time period than the of 25 years to pay back. Unfortunately, a person would still be in their mid-forties if everything works out as planned. No restraints on tuition yet having the freedom to grow. There is a question of whether earlier relief...

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