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Equal payments and amortization for loans with multiple payments.
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In addition, the Bureau seeks comment on whether the definition should include single immediate payment transfers initiated through other means of withdrawing payment and, if so, which means and why.
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Public Interest Loan Forgiveness cancels the balance of any interest and principal due on any Federal Direct Loan - including Direct Stafford, Direct PLUS, or have made 120 monthly payments on a Direct Loan in a PAYE, IBR, income contingent or a standard repayment plan based on a 10-year repayment are employed in a "public service job" and has been employed in a public service job during the 120 payment period.
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