Democratizing Higher Education: Defending and Extending Income-Based Repayment Programs

30 Pages Posted: 21 Feb 2016 Last revised: 24 Feb 2016

Frank A. Pasquale III

University of Maryland Francis King Carey School of Law; Yale University - Yale Information Society Project

Date Written: February 19, 2016

Abstract

This article addresses many critiques of income-based repayment programs for student loan debt. These programs are not helping many of the students they were designed to aid. Their terms are too harsh, especially given repeated failures by relevant authorities to fully account for the benefits of higher education. If reformers fail to substantially improve the terms and accessibility of IBR programs, they will lose popularity and credibility.

Keywords: IBR, ICR, PAYE, REPAYE, income-based repayment, income contingent repayment, higher education, higher education finance, financialization, finance, loans, credit, federal credit programs

Suggested Citation

Pasquale, Frank A., Democratizing Higher Education: Defending and Extending Income-Based Repayment Programs (February 19, 2016). Loyola Consumer Law Review, Forthcoming; U of Maryland Legal Studies Research Paper No. 2016-09. Available at SSRN: https://ssrn.com/abstract=2734889

Frank A. Pasquale III (Contact Author)

University of Maryland Francis King Carey School of Law ( email )

500 West Baltimore Street
Baltimore, MD 21201-1786
United States
410-706-4820 (Phone)
410-706-0407 (Fax)

Yale University - Yale Information Society Project ( email )

127 Wall Street
New Haven, CT 06511
United States

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