

Human: Can you tell me the detail of the Extended Repayment Plan for Federal student loan borrowers?

Assistant: Ah yes, the Extended Repayment Plan is a payment plan which allows federal student loan borrowers to extend the length of repayment for several years, or indefinitely.  Under the plan, monthly student loan payments are extended out over a longer period, usually 15 to 30 years, and the payments are lower than the standard 10-year repayment plan.  More details about the Extended Repayment Plan can be found at the Federal Student Aid website:  https://studentaid.ed.gov/repay-loans/understand/plans/extended


Human: Can you tell me the detail of the Extended Repayment Plan for Federal student loan borrowers?

Assistant: The Federal Student Loan program offers a variety of repayment options and payment flexibility to ease the financial burden of repayment for Federal student loan borrowers.  These options include an extended repayment plan (known as “ Income-Driven Repayment” or “IBR”), which can significantly reduce the monthly payment amounts and extended loan term for eligible borrowers.  This plan is based on the borrower's income and family size, with lower payments for those with lower incomes.  Borrowers can choose to make reduced monthly payments over a extended period of up to 25 years, however interest will continue to accrue during this time.  Borrowers who remain in this plan for the entire term will eventually pay off the full amount of principal borrowed, but will end up paying significantly more in total interest than under a
Can you tell me the detail of the Extended Repayment Plan for Federal student loan borrowers?
Ah yes, the Extended Repayment Plan is a payment plan which allows federal student loan borrowers to extend the length of repayment for several years, or indefinitely.  Under the plan, monthly student loan payments are extended out over a longer period, usually 15 to 30 years, and the payments are lower than the standard 10-year repayment plan.  More details about the Extended Repayment Plan can be found at the Federal Student Aid website:  https://studentaid.ed.gov/repay-loans/understand/plans/extended
The Federal Student Loan program offers a variety of repayment options and payment flexibility to ease the financial burden of repayment for Federal student loan borrowers.  These options include an extended repayment plan (known as “ Income-Driven Repayment” or “IBR”), which can significantly reduce the monthly payment amounts and extended loan term for eligible borrowers.  This plan is based on the borrower's income and family size, with lower payments for those with lower incomes.  Borrowers can choose to make reduced monthly payments over a extended period of up to 25 years, however interest will continue to accrue during this time.  Borrowers who remain in this plan for the entire term will eventually pay off the full amount of principal borrowed, but will end up paying significantly more in total interest than under a