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Diverse Magazine: Payroll Withholding Offers New Path for Income-Based Repayment by Student Loan Borrowers

By Ronald Roach

“Enrolling Americans with student loan debt in an automatic Income-Based Repayment system and automating their repayments through employer payroll withholding could substantially simplify the student loan system and lessen the number of loan defaults, contends three higher education research and advocacy organizations in a new policy paper.” Read more here.