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NASFAA Summary of Loan Issues Final Rules: ICR, IBR and Total and Permanent Disability Discharge(2)

4 November 2012 33 views No Comment

The Department of Education on Nov. 1 published final rules on Income-Based Repayment (IBR), Income-Contingent Repayment (ICR), and Total and Permanent Disability Discharge. The final rules contain several significant changes from the Notice of Proposed Rulemaking (NPRM) released in the summer, notably a renaming of the new ICR plan and acceptance of certain Social Security Administration (SSA) determinations of total and permanent disability (TPD) for purposes of Title IV loan discharges.

Read the whole article originally published in: Todays News Feed.

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