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Your friend chooses the graduated repayment plan. what assumption is he making about his future income?
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Your friend chooses the graduated repayment plan. what assumption is he making about his future income?

User Ziaur Rahman
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Answer:

Extended Graduated Repayment Plan

Typically, borrowers who select this plan will have lower monthly payments than they would under the standard or graduated plans. While their payments will increase over time, they'll do so more gradually than they would under the extended plan due to the longer term.

Step-by-step explanation:

User Rich Armstrong
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