Income-Motivated Payment: Who’s Using it—As well as how COVID-19 You will definitely Alter the Landscape

Diving to help you point …

  • The fresh new Upshot
  • Story
  • Rules Implications
  • Strategy

This new Upshot

Though repaired-fee, mortgage-eg education loan cost arrangements was basically the norm for decades, income-driven installment (IDR) happens to be an ever more popular choice for individuals since the Higher Credit crunch. Today, over six billion federal individuals try subscribed to earnings-centered cost apps. Read more