Final answer:
The number of PD-3s per IBR is not a fixed value and depends on various factors such as income, family size, eligibility for the PD-3 program, and qualifying payments made. PD-3 refers to the Public Service Loan Forgiveness Program.
Step-by-step explanation:
In the context of IBR (Income-Based Repayment) and PD-3 (Public Service Loan Forgiveness), the number of PD-3s per IBR is not a fixed value. PD-3 refers to the Public Service Loan Forgiveness Program, which forgives the remaining federal student loan balance after 120 qualifying payments while working full-time for a qualifying employer. IBR is a repayment plan that caps monthly loan payments based on income and family size.
Therefore, the number of PD-3s per IBR will depend on the individual's loan repayment plan, their income, family size, eligibility for the PD-3 program, and the number of qualifying payments made. It is important to note that not all individuals on the IBR plan are eligible for PD-3, and not all payments made under IBR may qualify for PD-3.