Repay as You Earn: The Flawed Government Program to Help Students Have Public Service Careers

by Philip G. Schrag

In 1993, Congress created a student loan repayment plan intended to enable high-debt graduates to accept low-income, public service jobs by reducing their loan payments and eventually forgiving part of their debts. But this Congressional initiative only helps those with catastrophically low incomes. It has failed to attract many users because, as implemented through regulations of the U.S. Department of Education, it requires payment over too long...

• Format: Hardcover
• Language: English
• ISBN: 0897898346
• ISBN13: 9780897898348
• Release Date: November 2001
• Publisher: Praeger
• Length: 176 Pages
• Weight: 0.92 lbs.
• Dimensions: 0.4" x 6.1" x 9.2"