skip to main content
skip to newscasts

Friday, April 26, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Louisiana teachers' union concerned about educators' future; Supreme Court hears arguments in Trump immunity case; court issues restraining order against fracking waste-storage facility; landmark NE agreement takes a proactive approach to CO2 pipeline risks.

view newscast page
play newscast audioPlay

Speaker Johnson accuses demonstrating students of getting support from Hamas. TikTok says it'll challenge the ban. And the Supreme Court dives into the gray area between abortion and pregnancy healthcare, and into former President Trump's broad immunity claims.

view newscast page
play newscast audioPlay

The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

Student Loan Repayment Program Benefits Low-Income Borrowers

play audio
Play

Thursday, June 1, 2023   

A proposal from the federal government could provide a better path toward student loan debt repayment, but a new survey finds many borrowers don't know about this option.

While the fate of the Biden Administration's debt erasure plan is in the hands of the U.S. Supreme Court, income driven repayment plans offer a next best option for former students. Through such plans, people pay based on their income rather than the amount they borrowed.

Lane Thompson, student loan ombuds for the Oregon Division of Financial Regulation, said a proposal from the U.S. Department of Education would make this type of plan even more attractive.

"Let people keep a higher percentage of their earned income, be a smaller percentage of monthly income and allow for forgiveness after 10 years, rather than 20 or 25," Thompson outlined.

However, a survey from New America found the people who would benefit most from income driven repayment plans do not know they exist. According to the report, more than 40% of low income borrowers had not heard of the plans.

Thompson stressed it is a problem.

"It really is an issue that more folks don't know about these," Thompson noted. "I think it would be to the benefit of everybody if we knew more about the income driven repayment plans, as borrowers."

Thompson added borrowers also should know about the Fresh Start program. The temporary program gets people out of default and removes the default from their credit report. Borrowers need to contact their loan provider to access the program.

Loan repayment is likely to begin later this summer.

Support for this reporting was provided by Lumina Foundation.


get more stories like this via email

more stories
The United Nations experts also expressed concern over a Chemours application to expand PFAS production in North Carolina. (Adobe Stock)

play sound

United Nations experts are raising concerns about chemical giants DuPont and Chemours, saying they've violated human rights in North Carolina…


Social Issues

play sound

The long-delayed Farm Bill could benefit Virginia farmers by renewing funding for climate-smart investments, but it's been held up for months in …

Environment

play sound

Conservation groups say the Hawaiian Islands are on the leading edge of the fight to preserve endangered birds, since climate change and habitat loss …


Jane Kleeb is director and founder of Bold Alliance, an umbrella organization of Bold Nebraska, which was instrumental in stopping the Keystone Pipeline. Kleeb is also one of two 2023 Climate Breakthrough Awardees. (Bold Alliance)

Environment

play sound

CO2 pipelines are on the increase in the United States, and like all pipelines, they come with risks. Preparing for those risks is a major focus of …

Environment

play sound

April has been "Invasive Plant Pest and Disease Awareness Month," but the pests don't know that. The U.S. Department of Agriculture says it's the …

David Coon designs and evaluates interventions for families and caregivers of adults with chronic illnesses, including dementia, cancer and depression. (Arizona State University)

Health and Wellness

play sound

The 2024 Arizona Alzheimer's Consortium Public Conference kicks off Saturday, where industry experts and researchers will share the latest scientific …

Environment

play sound

Environmental groups say more should be done to protect people's health from what they call toxic, radioactive sludge. A court granted a temporary …

Social Issues

play sound

Orange County's Supreme Court reversed a decision letting the city of Newburgh implement state tenant protections. The city declared a housing …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021