Home > Glossary > Income-based Repayment Plan
Meaning / Definition of
Income-based Repayment Plan
Categories: Loan and Mortgage,
A federal student loan repayment option beginning July 1, 2009 that caps monthly payments based on income and family size, and forgives remaining debt and interest after 25 years.
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National Highway Traffic Safety Administration (NHTSA)
Categories: Insurance,
removed
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