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The Biden administration’s proposed changes to income-driven repayment (IDR) haven’t received the same level of attention that student loan forgiveness has, but they are arguably no less significant. Changes to IDR will cost billions of dollars, affect millions of borrowers, and fundamentally change the student borrowing landscape for past, present, and future borrowers.
On this episode of The Report Card, Nat speaks with Matt Chingos and Jason Delisle, both of the Urban Institute, about IDR and some of the eyebrow-raising effects the Biden administration’s proposed changes might have on student borrowing.
Show Notes:
Few College Students Will Repay Student Loans under the Biden Administration’s Proposal
How Were Student Loan Borrowers Affected by the Pandemic?
Who Should Pay? Designing a More Equitable Income-Driven Repayment Plan
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