Income-Contingent Repayment, or ICR, is a repayment plan that bases the loan payments on a percentage of the borrower’s discretionary income, as opposed to the amount owed. ICR first became available ...
After closing enrollment in July, the Department of Education has now reopened two of its income-driven repayment plans: Pay as You Earn and Income-Contingent Repayment. As of Dec. 16, 2024, borrowers ...
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