Good News for Those with Student Loans
Student loan borrowers may be able to get some relief with a new program.
Wired PR News – Those drowning in student loan debt may be able to get some relief with the aid of a new program. As reported by the Associated Press (AP), the Department of Education run program will provide for caps on student loan payments depending on income. Some borrowers may also have their balances forgiven after 25 years, or 10 years if they obtain a public service position.
As noted by the AP, the program will be open for anyone with a student loan to apply for next week. Lauren Asher with the Institute for College Access & Success is quoted in the report as stating of the measure, which is said to have derived from the Education Department’s College Cost Reduction and Access Act, “It’s a way to borrow for college without going to the poor house.”
Photo Credit: Wikipedia User Coolcaesar
Tags: borrower, college, debt, Department of Education, income, program, student loanOnline Business News Press Release Distribution - WiredPRNews.com
- Online printing - Print Pelican Celebrates St. Patrick’s Day by Giving Away Some Green
- New York Shopping Pass or Luxury Shopping DeLuxe card: What’s Going on in New York City?
- Regal Settlement Group~New Life Settlement Company to your area
- New CRM Kit Set To Launch March 23, 2010 Step To CRM Kit
- Luxury table linens, Formal Designer Tablecloths at Pioneer Linens
- Brochure Printing Online Leader offers wide range of printing services
- Buy And Sell Digital Through D.W. Digital Enterprises
- Univenture to Promote Products, Services at 2010 Publishing Business Conference, Expo
- Lionheart Assurance Solutions Warns The Public To Be Cooperative, But Also Beware Of Fake U.S. Census Bureau Workers
- Sunwest Trust And Republic Monetary Exchange Announce Partnership
