Tag: Income Based Repayment
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How do I sign up for an Income Based Repayment (IBR) Program?
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One of the federal student loan repayment programs that can adjust your monthly loan payment is an IBR (Income-Based Repayment). This program determines payments based on your income and family size. Under this program, the amount of your monthly payment is capped. It will “max-out” at an amount that is the lesser of two payment…