Representative Petri has introduced a new bill that would replace our mess of student loan repayment programs with a new one based on the principles of income contingent lending (ICL). The commentary to date is quite confused, which is understandable since there are a lot of different versions of ICL. There are the international versions (see the appendix of this Education Sector report for a gContinue Reading »
By Andrew Gillen on 21 Dec 2012 in College Costs and Student Debt, Higher Education and tagged Income-Based Repayment, income-contingent loans, Petri
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