Two Programs to Help with Student Loan Debt

Submitted by georgiana on Sun, 10/16/2011 - 05:56.

This page has some helpful information regarding two different programs designed to help those who are overwhelmed with student debt. http://www.ibrinfo.org/what.vp.html

One is Income-Based Repayment (IBR), which can help you make your payment affordable. Most people should be able to have payments that are ten percent of their earnings or less, depending on how much they're earning.

Another program is the Public Service Loan Forgiveness (PSLF), which forgives debt after a certain number of years in certain fields, like teaching.

Both of these programs are worth looking into.