Daily Compilation of Presidential Documents

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from January 27, 2009
Last Document: June 07, 2012

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Daily Compilation of Presidential Documents, June 07, 2012

News

Memorandum On Improving Repayment Options for Federal Student Loan Borrowers

Section 1. Streamlined Application Process for Income-Based Repayment Plans. By September 30, 2012, the Secretary of Education, in coordination with the Commissioner of Internal Revenue, shall create a streamlined online application process for IBR that allows student loan borrowers with federally held loans to import their Internal Revenue Service income data directly into the IBR application.

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