Summary: public service C) consolidate any federally-backed private student loans with a Direct Consolidation Loan directly from the Department of Education. (http://www.loanconsolidation.ed.gov/) In the above example, a student graduating with $100,000 in eligible debt, entering a public service position for 10 years, will pay $430 per month instead of $1,150.80, and have $86,496.00
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