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Income-Driven Repayment Plans Are Reshaping How Minnesota Borrowers Handle Student Debt in 2026

Income-Driven Repayment Plans Are Reshaping How Minnesota Borrowers Handle Student Debt in 2026

by | Jun 11, 2026 | Minneapolis Attorney Blog

158932Income-driven repayment (IDR) is a federal program that caps your monthly federal loan payment as a percentage of your discretionary income, with forgiveness of any remaining balance after 20 to 25 years. For borrowers struggling with high loan balances relative to...
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