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We realize why the commenters argued to set the edge for shortened the perfect time to forgiveness at $20,000 to keep up parity among independent and dependent pupils if we were being to establish this threshold explicitly based upon loan boundaries. However, as famous inside the IDR NPRM, we considered adopting thresholds such as the types propose

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A single commenter noted a large number of borrowers experience road blocks enrolling within an IDR program right after exiting default, Specifically people who prefer to rehabilitate their loans.Numerous commenters supported our proposed variations to the borrower eligibility requirements for that IDR designs. However, many commenters expressed co

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One particular commenter argued which the Office's reasoning for proposing that undergraduate loans be repaid at 5 percent of discretionary profits was arbitrary and could be used to justify any threshold.The Department thinks that considering the share of cash flow that goes towards college student loan payments is an insufficient way to think abo

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