Obama Calls for More Generous Income-Based Repayment in 2010
Obama Calls for More Generous Income-Based Repayment in 2010 The Trump proposal to eliminate Subsidized Stafford loans is another improvement over the current system. As discussed earlier, these loans add complexity to the student aid system by providing students with two sets of loans at the same time. And the interest-free benefits the loans provide are poorly targeted. Students from high-income families can receive them if they attend expensive colleges, and eligibility is based on a student’s or parent’s earnings when the student enrolls, not when the borrower begins repaying…
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