Scott Applauds Administration's Progress to Reduce Student Loan Debt by Fixing Income-Driven Repayment
February 10, 2023
February 10, 2023
WASHINGTON, Feb. 10 -- Rep. Robert C. Scott, D-Virginia, issued the following news release:
Ranking Member Bobby Scott (VA-03) applauded Secretary of Education Miguel Cardona for the Department's proposed rule to reform the Income-Driven Repayment (IDR) system.
The proposed reforms make the IDR program more generous for low-income borrowers, automatically enrolls delinquent borrowers in the IDR program, sunsets old IDR plans, and eliminates monthly accrual of inter . . .
Ranking Member Bobby Scott (VA-03) applauded Secretary of Education Miguel Cardona for the Department's proposed rule to reform the Income-Driven Repayment (IDR) system.
The proposed reforms make the IDR program more generous for low-income borrowers, automatically enrolls delinquent borrowers in the IDR program, sunsets old IDR plans, and eliminates monthly accrual of inter . . .