Income-Driven Repayment Forgiveness

GPTKB entity

Predicate	Object
gptkbp:instanceOf	Student Loan
gptkbp:administeredBy	gptkb:U.S._Department_of_Education
gptkbp:appliesTo	federal student loans
gptkbp:benefit	borrowers with low income
gptkbp:combines	gptkb:Public_Service_Loan_Forgiveness_(PSLF)
gptkbp:eligibility	private student loans enrollment in an income-driven repayment plan
gptkbp:enactedBy	gptkb:U.S._federal_government
gptkbp:forgivenessPeriod	20 years 25 years
gptkbp:forgives	remaining loan balance after repayment period
https://www.w3.org/2000/01/rdf-schema#label	Income-Driven Repayment Forgiveness
gptkbp:introducedIn	gptkb:Higher_Education_Act
gptkbp:monthlyPaymentCalculation	percentage of discretionary income
gptkbp:relatedTo	gptkb:Income-Based_Repayment_(IBR) gptkb:Income-Contingent_Repayment_(ICR) gptkb:Pay_As_You_Earn_(PAYE) gptkb:Revised_Pay_As_You_Earn_(REPAYE)
gptkbp:requires	annual income recertification
gptkbp:taxImplication	forgiven amount may be taxable
gptkbp:bfsParent	gptkb:Direct_Consolidation_Loan
gptkbp:bfsLayer	6