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Income-Based Repayment

This tag is associated with 3 posts

New Numbers on Millennial Underemployment

A recent study issued by the Harvard Institute of Politics indicates that 9.7% of Millennials are unemployed. “Furthermore, although 62.9% are currently working, 31.2% of t hose Millennials work on a part-time basis,” states the study. “Over a quarter (27.4%) are currently out of the labor force, whether as full-time students or because of disability, incarceration, or full-time parenthood.” Continue reading

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Entrepreneurial Education Solutions Required

Arthur C. Brooks is the president of the American Enterprise Institute, a preeminent think-tank in Washington, D.C. What you may not know about him is that he finished his three degrees via correspondence before he landed a job as a Syracuse University professor. Continue reading

Un-PAYDE: Pay as You (Don’t) Earn

Student loans from the federal government cannot be discharged in bankruptcy and have severe consequences upon default. For example, upon default the federal government can garnish your wages and your credit will plummet as your loan account is assigned to a collection agency. With these consequences in mind, the Obama Administration has just recently finished its rules for the Pay As You Earn (PAYE) program. Continue reading

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