The Obama administration announced Wednesday that it wants to enroll an additional 2 million federal student loan borrowers in income-based repayment programs in the next year.
Already some 4.8 million federal loan borrowers are using some type of income-based repayment programs, which the Obama administration has expanded. Enrollment in income-based repayment programs has more than doubled over the past several years, yet officials said that far more borrowers could benefit from them.
Read more at Inside Higher Ed: https://www.insidehighered.com/quicktakes/2016/04/28/obama-admin-sets-new-income-based-repayment-goal
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