COVID-19 Student Loan Repayment Relief is Critical, But Two Consequences Need to be Addressed to Protect Borrowers

November 11, 2020

The current student loan payment relief benefits have provided vital economic support to upwards of 33 million borrowers who can better cover their basic needs during the pandemic without having to worry about their balances ballooning from unpaid interest, or their loans falling into delinquency or default. Without policymaker action, these protections will expire on December.


From Eight Plans to Two: How the College Affordability Act Improves Student Loan Repayment

December 3, 2019

Like other proposals before it, the College Affordability Act (CAA) — House Democrats’ comprehensive proposal to reauthorize the Higher Education Act — makes major progress in improving the federal student loan repayment system. In this blog post, we outline the major components of the new repayment system under the CAA, which is a strong starting point for much-needed...


A Popular Student Loan Fix Has Been Stalled for Years. It’s Time to Act.

July 1, 2019

Today marks the 25th anniversary of the first income-driven repayment (IDR) plan being made available for federal student loan borrowers. Over eight million borrowers currently benefit from IDR plans, which base monthly payments on an individual’s income and family size. By keeping monthly payments more affordable, IDR is a critical safety net for struggling borrowers that...