When the Bill Comes Due: Evolution of Student Loan Repayment (Viewing Guide)Published Oct 2017
focus area Degree Completion
The first federal student loan program was designed to increase the number of students pursuing careers in areas considered important to national security. As student loan programs expanded to serve a broader cross-section of students and became the federal government’s primary form of student aid, repayment options—including plans based on income—evolved to help students manage loan debt.
When the Bill Comes Due: Evolution of Student Loan Repayment, a 13-minute documentary, explores these early repayment options and follows the evolution of income-driven repayment plans.