Repayment Plans

Tuesday, July 21, 2015: 1:45 PM-2:45 PM
Celestin D - Level 3 (Hyatt Regency New Orleans)
Session Type: Interest Sessions
Track: U.S. Department of Education
Audience: All
Credit Type: Credit Hours and Clock Hours
School Type: All Schools
Income-driven repayment plans can provide critical relief for federal student loan borrowers who owe more in federal student loans than they earn in a year, and for those who work in public service. This session will provide an overview of the Department of Education’s income-driven repayment plans, including borrower eligibility criteria and loan forgiveness provisions. We will also explain the relationship between income-driven repayment plans and Public Service Loan Forgiveness. Finally, we will provide an overview of the negotiated rulemaking and proposed changes in the Revised Pay as You Earn (REPAYE) plan.
Aaron Steffens (Luther College)
Ian Foss (U.S. Department of Education)
Nathan Arnold (U.S. Department of Education)