Currently, only borrowers who took out federal loans after 2007 are eligible to participate in Pay As You Earn. But a new proposal would open the plan to any student loan debtors regardless of when they originally borrowed. This change would make an additional 6 million borrowers eligible, the U.S. Department of Education said.
Currently, only borrowers who took out federal loans after 2007 are eligible to participate in Pay As You Earn. But a new proposal would open the plan to any student loan debtors regardless of when they originally borrowed. This change would make an additional 6 million borrowers eligible, the U.S. Department of Education said. Rick Nease MCT
Currently, only borrowers who took out federal loans after 2007 are eligible to participate in Pay As You Earn. But a new proposal would open the plan to any student loan debtors regardless of when they originally borrowed. This change would make an additional 6 million borrowers eligible, the U.S. Department of Education said. Rick Nease MCT

More help in managing federal student loan debt is coming

July 17, 2015 01:00 AM

UPDATED July 17, 2015 06:00 AM

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