Wharton Public Policy Initiative Issue Briefs
Publication Date
6-2017
Files
Download Full Text (873 KB)
Volume
5
Number
06
Document Type
Brief
Summary
Over 41 million Americans now owe more than $1.2 trillion in outstanding federal student loan debt. Policymakers are considering a number of amendments related to federal student aid programs in the context of the Higher Education Act reauthorization. In addition to providing a snapshot of key data related to student loan debt that all policymakers should consider, this brief discusses recommendations for facilitating repayment and curbing defaults on student loans, including: protecting students from low-performing institutions; encouraging use of forbearance and deferment mechanisms; and strengthening income-driven repayment options.
License
This work is licensed under a Creative Commons Attribution-Noncommercial 4.0 License
Recommended Citation
Perna, Laura W.; Kvaal, James; and Ruiz, Roman, "An Updated Look at Student Loan Debt Repayment and Default" (2017). Wharton Public Policy Initiative Issue Briefs. 46.
https://repository.upenn.edu/pennwhartonppi/46