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Yet another commenter instructed that we only utilize the unpaid regular monthly curiosity accrual profit when protecting against damaging amortization on undergraduate loans.We explore our justification for location the revenue security threshold at 225 % on the FPL elsewhere In this particular rule. We disagree that our use of your FPL can be a f
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A number of commenters argued that the Department should adopt a progressive formulation to find out The proportion of discretionary revenue necessary to go toward payments instead of only one flat one. These proposals integrated Concepts like providing a bracket of 5 p.c payments for reduced-profits borrowers, a bracket of 10 p.c payments on avera