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Student Loan Interest

Questioning U.S. Higher Education Finance Policy

The following items are developments related to the student loan interest topic:

  • Colleges and universities still increase tuition and fees despite concerns of student-loan borrowers and payers. Business Insider. (February 2022)
  • Student loan companies spent millions of dollars sending lobbyists to advocate against student loan debt cancellation and other proposals. Business Insider. (Febrary 2022).

Separately, groups call for reforms for the income-driven repayment (IDR) programs. The Center of Responsible Lending, the Student Borrower Protection Center, and the National Consumer Law Center explained that the IDR programs are not working well. The authors propose that the White House create a IDR waiver program.