When borrowers default on a federal student loan, it can have catastrophic consequences. Their credit scores drop dramatically, severely curtailing their ability to afford a home or a car, and even limiting their ability to sign up for utilities. The cost of their loan rises as late fees pile up. Moreover, the federal government can garnish borrowers' wages, withhold taxes, and sue them in order to obtain the money owed. It can take years for borrowers' credit and finances to recover. This paper is the culmination of work by a consortium of five student-aid advocacy and research organizations-- HCM Strategists, the Institute for Higher Education Policy (IHEP), the National Association of Student Financial Aid Administrators (NASFAA), New America (NA), and Young Invincibles (YI)--with assistance from the Association of Public and Land-grant Universities (APLU), Committee for Economic Development (CED), the National Campus Leadership Council (NCLC), and the National College Access Network (NCAN). This consortium's members have come together around an idea that they believe will fix the student repayment process and reduce the risk of unaffordable loan payments and default. The consortium calls it "auto-IBR". The proposals contained in this paper reflect research conducted by and discussions between members of the consortium. This plan would: (1) Automatically enroll all federal student loan borrowers in a repayment plan based on income (hereafter "auto-IBR") upon leaving school; (2) Automatically deduct student loan payments through employer withholding; and (3) Implement institutional accountability measures based on borrowers' ability to repay their debt. A glossary is provided.