(2019) Borrow & Repay Wisely: Student Loans, August 2019. College Student Aid Commission
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Abstract
A graduated payment plan makes sense if you can count on your income rising steadily during your repayment period. An income-based plan might be best if you don’t plan to enter a high-paying job. It also provides some buffer if you don’t land a job right away, and your loan might be forgiven after a specified time. A shorter repayment plan will cost more each month for now but will save you money in the long term.
Item Type: | Other |
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Keywords: | college financial aid, student loans, financials |
Subjects: | Education Education > Educational finance Education > Educational finance > State aid to higher education Education > Educational finance > Student financial aid Education > Higher education > State aid to higher education Education > Higher education > Student financial aid |
ID Code: | 31505 |
Deposited By: | Margaret Barr |
Deposited On: | 25 Mar 2020 13:21 |
Last Modified: | 25 Mar 2020 13:21 |
URI: | https://publications.iowa.gov/id/eprint/31505 |