http://www.nytimes.com/2015/08/15/your-money/revised-program-will-reduce-student-loan-repayments.html?smid=fb-nytimes&smtyp=cur&_r=0
NY Times Article link in case you missed it, states that the plan known as Repaye, for “revised pay as you earn” is based on the “pay as you earn” repayment program. But it's been revised to be capped at 10 percent of discretionary income and "any loan balance remaining after 20 years of payments will be forgiven, if the students have only undergraduate loans. If they borrowed money for graduate school, the forgiveness comes after 25 years."
Sounds to me like you can possibly get away with making interest only payment if the loan just goes away after 20 years? That's as close to debt forgiveness as I've seen to date notwithstanding public health and teaching programs.
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