graduation day hats-cnnvidThe menu of repayment options available for student borrowers is a key benefit of taking out federal instead of private student loans, but new data show that many students aren’t taking advantage of the government’s programs.

Income-based repayment plans, praised by student advocates for making loans affordable, even forgive the remaining balance after 10, 20, or 25 years, depending on the program.

(READ the story from Business Week)

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