Getting to one of the top business schools is certain an expensive adventure. Many reports indicate that MBA students end up in a six figure loan by the time they finish their course. The reform program is quite detailed; here are three major benefits one can get out of it.
1. It will reduce monthly instalments to 10 % of monthly discretionary income.
2. Drop interest rates for those who consolidate into the government’s direct loan program.
3. Any remaining balance will be waived after 20 years.