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Martin O'Malley

exboyfil

(18,243 posts)

4. Is that much different than

Reply to Recursion (Reply #3)

Mon Aug 10, 2015, 06:28 AM

Aug 2015

the current Federal plans of income based repayment.

https://studentaid.ed.gov/sa/repay-loans/understand/plans/income-driven

I guess one possibility is if everyone is forced into such a plan then the higher earners may actually pay back more than they would have otherwise with conventional student loans. Of course those families that can afford the tuition (even if it met more conventional borrowing like against retirement or equity in the house) would chose to go that route instead.

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HRC to offer plan on paying college tuition without loans. [View all] elleng Aug 2015 OP

The only way to correct this is to RAISE WAGES Warpy Aug 2015 #1

She'll "tweet" her plan. delrem Aug 2015 #2

Utah has an interesting idea of paying with equity rather than debt Recursion Aug 2015 #3

Is that much different than exboyfil Aug 2015 #4

Unfortunately the income-driven repayment system now is something like a payday loan Recursion Aug 2015 #5