Sentences with phrase «repayment plan participation»
Recommendation: The Secretary of Education should complete efforts to incorporate repayment plan switching into the agency's redesigned student loan model, and conduct testing to help ensure that the model produces estimates that reasonably reflect trends in Income - Driven Repayment plan participation.
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Participation in income - driven repayment plans for federal student loans has grown dramatically in recent years.
For Direct Loan borrowers GAO examined: (1) how participation in Income - Based Repayment and Pay As You Earn compares to eligibility, and to what extent Education has taken steps to increase awareness of these plans, and (2) what is known about Public Service Loan Forgiveness certification and eligibility, and to what extent Education has taken steps to increase awareness of this program.
The Employer Participation in Student Loan Assistance Act (aka H.R. 3861) would revise the tax law to prevent workers from getting taxed on any employer - sponsored student loan repayment plans.