In the News


Glitch May Block Student Borrowers From Enrolling in Income-Based Repayment
Published October 9, 2009
A technical glitch may be discouraging some student-loan borrowers from signing up for an income-based repayment plan, consumer advocates and financial-aid administrators warn. Income-based repayment, which allows borrowers to repay their loans as a percentage of their income as graduates, went into effect on July 1. But the Education Department's account-repayment Web site does not list the plan as an option on its drop-down menu, and will not until March.

Read more about this at chronicle.com.