Income-Based Repayment Models: The Good, the Bad, and the Future

Between shrinking aid budgets and growing loan burdens, students today are often forced to make impossible tradeoffs. Income-based repayment models offer a middle path that adapts to a student’s future income. But while the idea sounds great in theory, past attempts have shown just how easy it is to get this model wrong. Taking all of this into account, we built Scholar Basis to harness what worked from income-based repayment models while avoiding what didn’t.