Education Must Verify Borrowers’ Information for Income-Driven Repayment Plans

Education Must Verify Borrowers’ Information for Income-Driven Repayment PlansFederal Student Education Loans:

Federal Student Education Loans:

GAO-19-347: Posted: Jun 25, 2019. Publicly Released: Jul 25, 2019.

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Seto J. Bagdoyan
(202) 512-6722
bagdoyans@gao.gov

Workplace of Public Affairs
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To relieve the responsibility of federal figuratively speaking, borrowers can put on for Income-Driven Repayment plans. The plans use borrowers’ taxable earnings and household size to ascertain an inexpensive repayment price. Monthly obligations is as low as $0 but still count toward prospective loan forgiveness following the payment duration. (más…)

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