Forgiveness with Revised Pay As You Earn (REPAYE)

Forgiveness with Revised Pay As You Earn (REPAYE)

Revised Pay As You Earn (REPAYE) works much the same way as Pay As You Earn. Generally 10 percent of your discretionary income.

Borrowers with undergraduate loans must make consistent payments for 20 years. Those with loans for graduate school or professional study must make payments for 25 years.

 

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