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Regarding income-based repayment, I think Purdue was experimenting with this, and may still be. I haven't heard of any significant government involvement in tha
by usefulcat 7y ago
Regarding income-based repayment, I think Purdue was experimenting with this, and may still be. I haven't heard of any significant government involvement in that program.
https://www.washingtonpost.com/news/grade-point/wp/2016/04/11/at-purdue-student-aid-based-on-future-earnings-could-revolutionize-college-debt/ https://www.washingtonpost.com/news/grade-point/wp/2016/04/1...
- slg 7y agoI didn't know that, thanks for passing it along. The reason I think the government needs to be involved is because this isn't going to be financially viable for every student at every college and therefore private banks won't want to participate. Purdue seems to have found a way around that by funding the program themselves but I wonder if that self funding is scalable.