Education Department broadens program that caps student-loan payments

07/14/2010 | Oklahoman (Oklahoma City), The

As of the beginning of this month, more people are now eligible to take advantage of the Education Department's income-based repayment program, which limits monthly payments on federal student loans to 15% of the borrower's income. The expansion of the program is expected to aid couples who file joint tax returns and borrowers who have deferred payments.

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Oklahoman (Oklahoma City), The

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