Regulacje i polityka gospodarcza · 30/10/2015

U.S. Secretary Amends Regulations for Direct Loan Program to Enhance Repayment Options and Support Struggling Borrowers

The U.S. Secretary has updated the regulations for the William D. Ford Federal Direct Loan Program to introduce a new income-contingent repayment plan, allowing borrowers to cap their payments at 10% of their monthly income. The changes also aim to streamline processes and provide additional support for borrowers struggling with their loans.