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Ep 37: Caitlin Zaloom on the Explosion of Student Debt
Brave New World -- hosted by Vasant Dhar
How Long Is the Average Payback Period for a College Education Loan?
The standard programme for federal loans is ten years. The income driven repayment schemes can be longer than that. Public service loan forgiveness was rejected 98% of the people who were enrolled in it. Staying in them has been complex, and making payments that would count was almost impossible.
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