54,600 Iowans enroll in new income-based student loan repayment program
Some low-income debtors will not be required to make payments
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Some low-income debtors will not be required to make payments
The Department of Education said it will hold student loan services accountable if they fail to adequately tend to borrowers.
DES MOINES — More than 50,000 Iowa student loan borrowers have enrolled in a new income-driven repayment plan rolled out by President Joe Biden’s administration this year, the White House
The plan will cap payments at 5% of a borrower's discretionary income.
More than 50,000 Iowa student loan borrowers have enrolled in a new income-driven repayment plan rolled out by President Joe Biden’s administration this year, the White House announced.