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Eventually, the commenter objected which the Office has prioritized lowering undergraduate defaults rather then looking for to bring default for all borrowers to zero.The alterations to REPAYE target borrowers who will be most liable to default: anyone who has reduced earnings, borrowed fairly small quantities, and only have undergraduate credit ca
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We realize why the commenters argued to established the threshold for shortened the perfect time to forgiveness at $20,000 to maintain parity amongst independent and dependent pupils if we were being to establish this threshold explicitly primarily based upon loan boundaries. Having said that, as mentioned while in the IDR NPRM, we regarded as adop