Why Most Undergrad Borrowers Would Pursue Forgiveness Under the Biden IDR Plan

Until now, Income Driven Repayment (IDR) plans have required borrowers to pay 10% of their discretionary income, which is generally defined as all taxable income above 150% of the poverty line. The Biden IDR plan is a game changer for how undergraduate borrowers would approach their student debt. Based on the recently announced Biden IDR […]

The post Why Most Undergrad Borrowers Would Pursue Forgiveness Under the Biden IDR Plan appeared first on Student Loan Planner.

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