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Federal Student Loans: Education Department Could Do More to Help Ensure Borrowers Are Aware of Repayment and Forgiveness Options
Federal Student Loans: Education Department Could Do More to Help Ensure Borrowers Are Aware of Repayment and Forgiveness Options
 
Our Price: $25.00
By Melissa Emrey-Arras (au)
Year: 2015
Pages: 56
Binding Paperback
ISBN 978-1-4578-7055-2

Product Code: 145787055X

Description
 
As of September 2014, outstanding federal student loan debt exceeded $1 trillion, and about 14% of borrowers had defaulted on their loans within 3 years of entering repayment. For Direct Loan borrowers this report examined: (1) how participation in Income-Based Repayment and Pay As You Earn compares to eligibility, and to what extent the Department of Education (Education) has taken steps to increase awareness of these plans; and (2) what is known about Public Service Loan Forgiveness certification and eligibility, and to what extent Education has taken steps to increase awareness of this program. Tables and figures. This is a print on demand report.

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