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Starting in July, new ways to cut your student debt

Source: features.csmoni Posted By: Jerry 3398 days ago

July 1 is shaping up as a big celebration day for college students and recent graduates. That’s when several perks for federal student loanholders take effect.

If you have student loans from the federal government, here’s how you may be able to lower your payments and, potentially, your interest costs.

Cut monthly payments

One of the big perks of the 2007 College Cost Reduction and Access Act is the Income-Based Repayment program. Taking effect next Wednesday, the IBR allows college graduates....

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