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What Is Income-Contingent Repayment? 

What Is Income-Contingent Repayment?  | Online Marketing Tools | Scoop.it
Getty Income-Contingent Repayment, or ICR, is a repayment plan that bases the loan payments on a percentage of the borrower’s discretionary income, as opposed to the amount owed. ICR first became available in 1993, although it wasn’t used by borrowers until 1994. ICR is one of four income-driven repayment plans. The others are Income-Based Repayment…
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Scooped by Online Marketing
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What Is Income-Contingent Repayment?

What Is Income-Contingent Repayment? | Online Marketing Tools | Scoop.it
Income-Contingent Repayment, or ICR, is a repayment plan that bases the loan payments on a percentage of the borrower’s discretionary income, as opposed to the amount owed. ICR first became availab…
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