Executive Order Recap

An excutive order from the current Obama administration modestly expands the existing pay-as-you-earn program, which capped monthly payments at 10 percent of a borrower’s income. The government now forgives any remaining balance after 10 years for those in public service and after 20 years for everyone else. Your comments are invited.

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About defaultprevention

Default Prevention Specialist since 1998.
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