by Claudine Zap While the price of ignorance is high, the cost of college not to mention graduate education has become astronomical. A government initiative aims to change all that. It s a simple concept called Income Based Repayment, which reduces student loans so they aren t more than 15 of income. Some people making very little income won t owe a cent. After 25 years of repayment, debt is wiped out. If you re a teacher or work at a nonprofit, more good news: Your debt will be cleared after 10 years. About 1 million people are expected to participate in the... [read full story]
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