Wednesday, December 21, 2011

End Of The Year So Let's Talk About Those Loans And That Business You Were Going To Start After You Got Your Degree Except Now - Well Just Read This.

Here's One for the end of the calendar year. Loan help. This is from the Small Business Administration's web site. The Small Business administration is a federal agency which is dedicated to helping - and I bet you saw this coming - small business. Below is part of what they said about you starting your own business. IBR means income based repayment. It's for students who have a large loan obligation and a small income. That means just about every one and certainly you. You can read more about it here.

Student Startup Plan

Is student loan debt stopping you from starting your own business? The Income-Based Repayment (IBR) Plan can help.

Income-Based Repayment is an existing payment option for Federal student loans. The Income-Based Repayment Plan supports young college grads, including those looking to start a business, join a startup, or work in a public service job by making Federal student loan repayment manageable. It can help you keep your loan payments affordable by using a sliding scale to determine how much you can afford to pay on your Federal loans—empowering you to take risks with new opportunities.


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