Recognizing these obstacles, President Barack Obama and Congress have expanded student-loan repayment options, and advocates have proposed various plans to make it easier for borrowers to pay back school debt. Students today face staggeringly high tuition bills, a youth unemployment rate of 12.5 percent, and a complicated assortment of student-loan-repayment plans that can be difficult to navigate even for the borrowers lucky enough to find well-paying employment. Download the details of all 10 models (PDF)Īs more students are struggling to pay back their student loans after graduation, it is now more important than ever for borrowers to have access to a student-loan-repayment plan that eases the burden of repayment and minimizes the risk of default.
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