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I keep hearing about income-based repayment and federal loan forgiveness. What is that and how does it affect me?

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I keep hearing about income-based repayment and federal loan forgiveness. What is that and how does it affect me?

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These new programs began in July 2009 and provide significant benefits to many graduates choosing to pursue certain careers, especially in the government or public service sectors. Read more about the program in the Georgetown Guide to Income-Based Repayment and Federal Public Service Loan Forgiveness.

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