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Duration : 1 min 28 sec
With so many loan options out there for school loans, how do you know which one is best for you. With OnlineStudentLoansGuide.com you can compare types of loans with the pay back that suit your needs.
Duration : 29 sec
A new repayment option is available that makes monthly payments more affordable for Americans with heavy federal student loan burdens. The new Income-Based Repayment (IBR) plan protects borrowers by linking payments to income and family size. A related new program offers additional benefits to those working in public service jobs.
"We know many graduates are concerned about their ability to repay student loans in the current economic environment," said U.S. Secretary of Education Arne Duncan. "This new plan addresses the issue head on by giving them the option of a monthly payment tied to their income."
The new IBR program is available to borrowers repaying new and existing federal student loans (Direct or Federal Family Education Loans). Those with high student loan debt relative to their income are likely to be eligible for the IBR program, resulting in reduced monthly payments and, in some cases, no monthly payments.
Produced for Department of Education
Duration : 21 sec
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Duration : 1 min 21 sec
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