June 30, 2009
New Loan-Repayment Program Allows Student Borrowers to Pay as They Earn
Washington
Genevieve Grabman borrowed $85,000 to pay for law school at Georgetown University. Over the past six years, she has whittled her debt to $75,000, which is about equal to her annual salary as a policy adviser for two nonprofit groups.
On her current repayment schedule, she will still be paying off her student loans a quarter-century from now.
But Ms. Grabman, and many borrowers like her, is about to get some
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