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Http://fas.org/sgp/c Rs/misc/R43571.pdf

R43571.pdf

🔗 Source: fas.org

📊 Size: 1.84 MB

👤 Author: Alexandra Hegji, David P. Smole, Elayne J. Heisler

⬇️ Downloads: 83

Summary

Federal Student Loan Forgiveness and Loan Repayment Programs provide borrowers with a means of having all or part of their student loan debt forgiven or repaid in exchange for work or service in specific fields or professions. There are over 50 authorized programs at the federal level, with approximately 30 operational as of October 1, 2017. These programs aim to support goals such as providing financial incentives to encourage individuals to enter public service or particular professions, and providing debt relief to borrowers with high student loan debt burdens relative to their income. Programs vary in design and scope, with some being widely available and others narrowly focused on specific public service or workforce needs. Congress may explore issues such as the effectiveness of these programs in achieving policy objectives, targeting, and information availability to assess their impact.

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Description

Federal Student Loan Forgiveness and Loan Repayment Programs provide borrowers with a means of having all or part of their student loan debt forgiven or repaid...

Technical Information

File Format: PDF
File Size: 1.84 MB
Pages: 132
Language: EN
Author: Alexandra Hegji, David P. Smole, Elayne J. Heisler
Total Downloads: 83
Last Updated: 2 weeks ago

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