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Baum, Sandy; Delisle, Jason – Urban Institute, 2022
The federal government now offers a multitude of complicated income-driven repayment (IDR) plans that are difficult to understand, enroll in, and stay in. Many students who would benefit from IDR do not enroll, and others will have large amounts of debt forgiven despite earning high wages. The current problems with IDR are not an indictment of the…
Descriptors: Income, Student Financial Aid, Loan Repayment, Debt (Financial)