Pay Long and Don’t PROSPER

The following article by C.J. Libassi was posted on the Center for American Progress website December 12, 2017:

How the New House Student Loan Repayment Plan Could Hurt Borrowers

Increasing rapidly in enrollment in recent years, income-driven repayment (IDR) plans allow borrowers to pay a fixed portion of their income each month, making loan payments more predictable and more manageable for many. And for borrowers whose incomes do not exceed a level required to meet their everyday needs, IDR does not ask them to pay anything until they are back on their feet. Continue reading “Pay Long and Don’t PROSPER”