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Parent PLUS Loan Program

Parents of undergraduate students who attend college are eligible for federal PLUS loans and may borrow an amount up to the cost of the student’s attendance – which includes tuition,…

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Pay As You Earn Loan Repayment Plan

Income Based Repayment (IBR) allows borrowers to make monthly payments based on their incomes if they meet a debt-to-income test. Borrowers may opt into IBR if their payments under that plan…

2 mins read

PAYGO (Pay-As-You-Go) Point of Order

A PAYGO point of order requires that any increase in spending or decrease in tax revenue must be offset by equivalent spending decreases or tax increases. Decisions about spending, revenue…