All Federal Direct Student Loan Borrowers Eligible for New Repayment Plan
REPAYE Gives Congress Strong Starting Point to Streamline Income-Driven Plans

October 27, 2015
The Institute for College Access & Success

Final regulations issued by the U.S. Department of Education create a new income-driven repayment (IDR) plan for federal student loans, called Revised Pay As You Earn (REPAYE), which improves on existing plans in key ways.