Consolidating debt student loans invalidating a will
Over the life of their loan repayment, they would pay just ,414.
Yet, only 13% of eligible borrowers actually participated in it.
This reduces the burden of student loan repayment on your budget.
The GAO report acknowledges that this can increase total cost over the life of your loans.
Only on an IBR without PSLF would they actually pay back what they borrowed with interest. Given such an insane potential for savings, you’d think people would be jumping on this.
However, less than 150,000 borrowers have requested PSLF certification.