Repay As You Earn : The Flawed Government Program to Help Students Have Public Service Careers
Editorial Reviews
Review
“Repay As You Earn provides a sound review of recent federal efforts to ease repayment burden for students choosing a public service careers. It also provides a case study documenting the reason why a low percentage of law school graduates has not chosen this alterative repayment scheme....The book as a whole provides a credible analysis of a recent policy change, along with recommendations that merit consideration. The argument that better information should be provided should be heeded by the US Department of Education. Not only does the fact that this repayment option is underutilized by those who could benefit from using it is prime facie case for improving the quality of information, but this book provides compelling research evidence to support this case....Repay as you Earn should be good reading for students interested in higher education policy. It should also be helpful to financial aid administrators who would like to learn more about the income contingent repayment option.”–
Book Description
The income-contingent student loan repayment plan created by Congress in 1993 should have helped idealistic high-debt borrowers to have public service careers. But few students use it. Schrag shows why most would-be public servants reject this option and how Congress could reform the program to make it work.
Repay As You Earn: The Flawed Government Program to Help Students Have Public Service Careers,Philip G. Schrag,Bergin & Garvey,0897898346,Business & Economics,Business/Economics,Education,Educational law and legislatio,Educational law and legislation,Federal aid to higher educatio,Federal aid to higher education,Financial Aid,General,Reference,Student loan funds,United States,Law / General
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