Public Comment Comment Letter on the Department of Education’s Proposed Rule on Income-Driven Repayment
Matthew Chingos
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The Department of Education’s proposed regulation Improving Income-Driven Repayment for the William D. Ford Federal Direct Loan Program (Docket No.ED-2023-OPE-0004-0001) includes several changes likely to generate significant benefit for limited cost, but several changes where the costs are likely to outweigh the benefits. Focusing on improving student loan repayment outcomes for borrowers who could benefit from IDR but do not enroll would produce greater benefits at a lower cost than the proposed regulation.

Research Areas Education
Tags Higher education Paying for college
Policy Centers Center on Education Data and Policy