1. Lewin, Tamar. U.S to Contact Borrowers With New Options for Repaying Student Loans
(2013, September 24). New York Times
2. Category of Issue: Education
3. Level of Issue: National
4. This article concerns:
There is an increase in the number of student loan borrowers who are going into default on their payments. Starting next month, the Department of Education will contact borrowers who are struggling to repay their federal loans to make sure they know all the options available to them.
5. How does this affect families/individuals?
This affects many student loan borrowers because there are a lot of people who could benefit from income-based repayment programs but haven’t signed up, and it is necessary for them to do so before they default on their student loan payments.
6. What are your views?