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In response to "Income caps that don't consider COL annoy me as a general rule (but I'm not making a case against an income cap here) -- nm" by ty97

Really should be a phase out rather than a hard cap, seems a bit silly to have full forgiveness at $124,999 and nada at $125,000 -- (edited)

But they’re also apparently looking at reported income over the past two years, initially. As long as one year is below the cap, you qualify.

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