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"The maximum repayment period is 25 years. If you make payments under the standard or 12-year extended plan and then switch to the ICR plan, time under the former plan counts toward your 25-year repayment period. Time spent in other plans or in deferment or forbearance does not count toward the 25 years. If you haven't fully repaid your loans after 25 years under this plan, the unpaid portion will be discharged. You will, however, have to pay taxes on the amount that is discharged. "

I am pretty sure he has been on the ICR payment plan from the beginning, does that count? What sort of tax rate apllies to the discharged amount? I am guessing that if being on the ICR plan counts (as opposed to a standard plan) then he still have 15 years to go.

The amount he pays is not enough to cover the interest, not by a long shot.

Thanks a ton, by the way!

Sarah

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