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Loan eligibility: IBR is available for the Federal Stafford Loans, Federal PLUS Loans for graduate and professional students, and Federal Consolidation Loans, either with Direct Loans or a private lender like Wells Fargo through the .
Borrowers of federal and private education loans may deduct up to $2500 in interest as an above-the-line deduction (ie deduction from gross income). This deduction is available even if you do not itemize. Available for undergraduate or .
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