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Old 06-29-2009, 08:58 AM   #4
thumper1
Senior Member
 
Join Date: Aug 2004
Posts: 9,251
My biggest question...if a student has this "low income" option, does the loan balance continue to accrue interest and get shifted ahead years...or what? I suggested to my kid that he look into the lower repayment option BUT also consider paying the interest that is accruing. Otherwise that could really add up.
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