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In 2015, in an attempt to expand PAYE to some other 5 million borrowers

In 2015, in an attempt to expand PAYE to some other 5 million borrowers President Obama proposed that the Department of Education change some rules to focus on lower-income borrowers and discourage high-debt/high-income borrowers ( ag e.g., health practitioners and attorneys) from benefiting from the PAYE repayment that is generous. In December 2015, revised PAYE (REPAYE) became available utilising the ...

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