Are there any government programs to reduce the interest rate on student loans?

In Kansas, there are several government programs to help reduce the interest rate on student loans. The Kansas Student Loan Program offers several different loan repayment plans, including a Pay as You Earn (PAYE) plan, which can lower the amount of money you must repay each month, and the Revised Pay As You Earn (REPAYE) plan, which can reduce the interest rate on your student loan. In addition, the Kansas Department of Education offers several loan forgiveness programs that can help reduce the amount of interest you owe. For example, the Kansas Teachers Loan Repayment Program (KTLRP) rewards certified teachers who teach full-time in a high-need school district for at least three consecutive years by allowing them to apply for loan repayment assistance. The Kansas School Loan Forgiveness Program forgives up to 50% of the principal loan amount for those who work in designated health care professions and are employed in a rural Kansas school district. Finally, there are federal loan repayment plans that are designed to help borrowers reduce their loan payments and interest rates. These plans include Income-Based Repayment, Income-Contingent Repayment, and Pay As You Earn. In summary, there are several government programs in Kansas that can help reduce the interest rate on student loans. These programs include the Kansas Student Loan Program, the Kansas Department of Education loan forgiveness programs, and federal loan repayment plans.

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Are there any government programs to reduce the interest rate on student loans?

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