Reforming Student Loan Repayment

Prior to the pandemic, 20% of federal student loan borrowers were in default. These poor loan repayment outcomes can be partially attributed to an overly complicated federal student loan system. Borrowers must determine which of the many repayment plans with varying terms is in their best interest. Income-driven repayment plans that tie a borrower’s monthly payment to their income are meant to provide an affordable option for struggling borrowers, but uptake is hampered by burdensome red tape. Although interest accruals and payments on federal loans remain suspended until September 30, many borrowers will struggle to meet their loan obligations when repayment resumes.

Join the Bipartisan Policy Center for a conversation about how to improve the student loan repayment process in a way that better supports borrowers and improves loan outcomes.

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Featured Participants

Keynote remarks by:

Sen. Marco Rubio (R-FL)
@SenRubioPress

Panel discussion with

Beth Akers
Resident Scholar, American Enterprise Institute
@DrBethAkers

Sarah Sattelmeyer
Project Director, Education, Opportunity, and Mobility, New America
@sellensatt

Kat Welbeck
Deputy Director of Advocacy & Civil Rights Counsel, Student Borrower Protection Center
@theSBPC

Scott Buchanan
Executive Director, Student Loan Servicers Alliance
@SLSAorg

Moderated by:

Michael Stratford
Education Reporter, POLITICO
@MStratford

Additional participants to be announced

In light of restrictions related to the COVID-19 pandemic, BPC events have shifted to all remote formats, such as video teleconferences or calls.