Experience the debt relief that other Oriental medicine students and alumni just like you have discovered. Cliff Duester, Libra Financial’s advisor, has worked one-on-one with Pacific College of Oriental Medicine students in a wide array of debt situations. No matter what your student loan debt is, Duester specializes in tailoring a relief plan to fit your needs.
One Solution – Income Based-Retirement Plan (IBR)
- IBR is a federal program that was enacted as part of the College Cost Reduction and Access Act of 2007, and became available in 2009.
- Best for borrowers who have low income compared with debt, are experiencing financial difficulty, or who are interested in pursuing a career in public service.
- The maximum repayment period is 25 years. After 25 years, any remaining debt will be forgiven. However, the forgiven debt is taxable income.