Income Based Repayment Plan for Student Loans

The income Based Repayment program for student loans that is shortly known as IBR is a federal program offered to college graduates and the program was coming into effect on 1st July 2009. The program allows students to make payments according to their income instead of the amount they owed. The income based repayment program is a 25 year loan repayment program that features a loan forgiveness plan after consecutive payments for 25 years. Well, this sound really amazing but according to experts in...Read more:Income Based Repayment Plan for Student Loans