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Federal Student Loan Borrowers: Income-Driven Repayment Now Available to All

All borrowers with federal Direct student loans have access to a new repayment plan with monthly payments limited to 10% of their discretionary income. You can enroll regardless of when you borrowed. If you’re having trouble affording your monthly payments — or just want the assurance of payments based on your income — check out the Revised Pay As You Earn (REPAYE) plan and see if it’s right for you.

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