Proposed Student Loan Regulations Introduce New Repayment Option

Today, the Department of Education proposed new student loan regulations, which include a repayment option that will make federal loan payments more manageable for certain borrowers. According to student loan expert Heather  Jarvis, “In spite of the stupid name [ICR-A], the new repayment option ROCKS (if you can get it…).” Not sure yet what impact this will have, if any, on Public Service Loan Forgiveness. Read more to see if you qualify.