Student Loan Repayment Plan
August 22, 2016
December 17, 2015U.S. Department of Education Announces Availability of Additional Flexible Repayment Plan to Help Borrowers Manage their Student Loan Debt
As part the Obama Administration’s continued effort to give borrowers more and better options to manage their student debt, today, the U.S. Department of Education announced that all Direct Loan borrowers may enroll in the Revised Pay As You Earn (REPAYE) Plan.
February 4, 2015U.S. Departments of Education and Treasury Continue Raising Awareness of Income-Driven Repayment Options for Federal Student Loans
The U.S. Treasury Department and the U.S. Department of Education will continue working with tax preparers during the 2015 tax filing season to increase federal student loan borrowers' awareness of income-driven repayment plans.
December 21, 2012
The U.S. Department of Education announced today that many borrowers are now able to take advantage of a new repayment plan that could lower their monthly federal student loan bills. The plan, known as Pay As You Earn, caps monthly payments for many recent graduates at an amount that is affordable based on their income.