Borrowing Trouble? Income Share Agreements, Loan Forgiveness & Refinancing

Higher Ed 2016


Few news articles about student financial aid omit the staggering fact that total student loan debt for former college-goers stands at $1.3 trillion. While the U.S. Department of Education has aggressively enrolled more borrowers into repayment plans that are based on how much they earn, millions of people remain either in default or near it. As a result, several efforts — both private and public — have emerged to potentially help students manage their college loans. Learn about investors paying for college expenses in exchange for a share of the student’s future income; the federal government forgiving debt of students who attended for-profit colleges; and the rise of a new kind of private lender encouraging borrowers to refinance their loans at purportedly low-interest rates.

  • Debbie Cochrane, The Institute for College Access & Success
  • Brianna McGurran, NerdWallet
  • Miguel Palacios, Vanderbilt University
  • Joshua Mitchell, The Wall Street Journal (moderator)