CSPAN2 Key Capitol Hill Hearings April 1, 2014
So it appears that most of those are ours will be paying their loans so if thats the case why would we, because thats the current default system right now. Why would we want to change it . Im trying to figure this out. I dont have a dog in this fight one where the other. My goal is success not just in the classroom but once they graduate from the classroom and by allowing the income base repayment to be the initial, the automatic prepayment plan it insures that no student would have a loan repayment that would exceed their ability to repay. Therefore reducing the default rate. It simplifies th...