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Originally Posted by neelamishi
Regarding your student loans: Is there any chance that you could apply for the Income-Based Repayment (IBR) plan? When you are low-income, you often owe only $0 per month! Not sure about qualifying for this program if your loans are presently in default.
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Thanks for the info, neelamishi.
I had never heard of IBR, so I Googled it and found out I am not eligible because I am in default, but that info led me to some other sites where I found other information that might help with my student loans.
They have a rehabilitation program, where I'd have to make payments each month for a certain amount of time to be considered "rehabilitated," and then I would be eligible for IBR. But I have no money to put toward getting rehabilitated.
I guess I've been pretty lucky the whole time I've been at my current job, because I haven't had my pay garnished to go toward student loan repayment.