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These commenters mischaracterize the Section's rules. These policies modify the REPAYE payment prepare to better provide borrowers and allow it to be a lot easier for them to fulfill their repayment obligation. They do not change the loan into a grant. In area 455 in the HEA, Congress furnished that borrowers who could not repay their loans around
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As such, it really should not be utilized as a substitute for session with Specialist accounting, tax, authorized or other capable advisers. This submit may include views and opinions that are Those people with the authors and do not essentially reflect the Formal policy or posture of some other agency or Firm. This post could also incorporate link
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