Jason Delisle

Another Student Loan Bombshell in Obama’s Latest Budget

It’s become an annual affair. President Obama releases his budget request to Congress and buries a bombshell in it about the runaway costs of the income-based repayment program (IBR) for federal student loans. IBR predates Obama, but he has made it more generous through legislation and regulation. Last year Mike Grunwald at Politico called out… Read more »

Income-Based Repayment Tops Repayment Plan Choice for First Time

The latest data from the U.S. Department of Education show that more student debt is now being repaid through the Income-Based Repayment Plan (also called the Pay as You Earn plan, or PAYE) than any other repayment plan. Nearly one in three dollars in repayment is enrolled, totaling $188 billion out of $586 billion in… Read more »

A New Look at Tuition Tax Benefits

Republican and Democratic lawmakers agree on one thing when it comes to helping families pay for college: tax benefits. One of President Obama’s first campaign pledges was to enact the American Opportunity Tax Credit (AOTC), which expanded on the original tuition tax benefits President Clinton signed into law in 1997. During the intervening years of… Read more »

Key Takeaways from New GAO Report on Income-Based Repayment

Yesterday, the Government Accountability Office (GAO) released a report on borrower enrollment in income-based repayment plans for federal student loans. While some of the report’s findings are out of date (enrollment in the plans has grown 70 percent since the GAO conducted its analysis) the report sheds new light on these repayment plans. Loan Balances… Read more »