- Commissions should not be allowed based on
numbers of borrowers enrolled in particular programs.
However, a report that was released last week showed that due to the high
number of borrowers enrolling in these plans, income - based repayment plans could soon cause the government to begin losing money on their student loan portfolio.
Over time,
the number of borrowers enrolled in PSLF has increased substantially, drawing criticism from both political parties.
Not exact matches
The
number of families
enrolled in the program has more grown by 60 % since 2005, with
borrowers now owing an average
of $ 22,000 each.
Remondi also used the interview to defend Navient's successes with student loan
borrowers, saying it leads the industry in
number and percentage
of borrowers who are
enrolled in income - driven repayment plans, has the lowest level
of severely delinquent
borrowers, and the lowest level
of defaults in the industry at a rate that he says is 31 percent lower than peers.