Authors

Susan M. Dynarski

The Issue

After years of rising quantities of student loan borrowing, numerous employees are struggling, and sometimes failing, to settle their loans. Yet the significant life time advantages of an university training, the fairly moderate levels of financial obligation undertaken by student loan borrowers that are most, the comparatively higher rate of defaults on typical loans, together with standard rate by more youthful employees together suggest that America has an educatonal loan payment crisis in place of a student-based loan financial obligation crisis.

The Proposition

A transformed and singular repayment model could replace the current array of options that lead many borrowers to make poor financial choices to increase student loan repayment rates. Continue reading →