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	<title>AlumniUnit.com &#187; student loans</title>
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	<description>News &#38; Happenings for HBCU Alumni &#38; Friends...The Nation&#039;s Largest Consortium of HBCU Alumni Social Networks &#38; Blog</description>
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		<title>New student loan repayment program goes into effect July 1st</title>
		<link>http://www.AlumniUnit.com/2009/06/29/new-student-loan-repayment-program-goes-into-effect-july-1st/</link>
		<comments>http://www.AlumniUnit.com/2009/06/29/new-student-loan-repayment-program-goes-into-effect-july-1st/#comments</comments>
		<pubDate>Mon, 29 Jun 2009 21:38:52 +0000</pubDate>
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				<category><![CDATA[Finance]]></category>
		<category><![CDATA[HBCU]]></category>
		<category><![CDATA[Unit Updates]]></category>
		<category><![CDATA[aid]]></category>
		<category><![CDATA[College Cost Reduction and Access Act]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[income based]]></category>
		<category><![CDATA[repayment options]]></category>
		<category><![CDATA[student loans]]></category>

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		<description><![CDATA[<a href="http://www.AlumniUnit.com/2009/06/29/new-student-loan-repayment-program-goes-into-effect-july-1st/" alt="New student loan repayment program goes into effect July 1st"><img src="http://AlumniUnit.com/wp-content/uploads/student_loan.jpg" align="left" alt="New student loan repayment program goes into effect July 1st" hspace="5" vspace="5" border="0" /></a>Those drowning in student loan debt may be able to get some relief with the aid of a new program.  Starting this week, anyone with a federal student loan can apply for a new Education Department program, which caps monthly payments based on income and which forgives remaining balances after 25 years. Those ag... <a href="http://www.AlumniUnit.com/2009/06/29/new-student-loan-repayment-program-goes-into-effect-july-1st/">Read more...</a>]]></description>
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