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<strong>Extended repayment schedule</strong> – A repayment schedule option available to borrowers with outstanding principal and interest in FFEL Program loans totaling more than $30,000. An extended repayment schedule may provide for standard or graduated installments not to exceed a period of 25 years. Note: this option is only available to borrowers who meet the qualifications on or after October 7, 1998.
flight from money (E4)<br />A reduction in the DEMAND FOR MONEY because of an expectation of rising prices or a fall in nominal interest rates.
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