Student Debt

Posted by Judy Anne Cavey on Dec 13, 2010 in , , | No Comments


Most college grads are drowning in debt due to student loans.

Are you feeling the weight of paying those debts back? Here’s some good news…

Executive Director of Project on Student Debt (www.projectstudentdebt.org) states that, “if most of your loans are federal (Stafford or Perkins for example) you are in luck: there is now a sliding-scale payment option.” The 2007 Income Based Repayment, a policy designed to make repaying loans easier for grads pursuing jobs with lower salaries is available. Payments are based on your monthly income, family size, and total amount borrowed.