Uncle Sam to the rescue

 Feeling bogged down by debt from your old student loan?

Source: The Baltimore Sun
Author: Eileen Ambrose
Publication Date: June 14, 2009

Article Abstract: Sharon Hassan, Goucher College's director of financial aid, helps explain the Income Based Repayment Plan, which tailors a person's student loan payments based upon how much he or she earns, potentially requiring much smaller payments over a longer period.

Lead:

If you're underpaid and overburdened by federal student loans, you're in for some relief. A new loan repayment plan kicks in next month that can significantly reduce your monthly payment - in some cases drop it to zero - and will forgive any lingering debt after 25 years.

Link to Article: http://www.baltimoresun.com/business/money/bal-bz.ml.ambrose14jun14,0,7678355.story
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Article PDF: documents/http___www.baltimoresun.com_financial aid.pdf

For More Information Contact:
Kristen Keener
Media Relations Director
kristen.keener@goucher.edu
410-337-6316