, over half of all low-income borrowers manage to make timely payments. We demonstrate that other financial resources in the … advocated for a move to an income-based repayment system. Under such a system, many low-income borrowers in good-standing (due … payment among those that are currently delinquent or in default since their income levels are so low. Specifically, we show …

observed spillovers are not well-explained by price, income, proximity or legacy effects, but are most consistent with older … of such personally salient information may partly explain persistent differences in college-going rates by income …

spillovers are not well-explained by price, income, proximity or legacy effects, but are most consistent with older siblings … personally salient in-formation may partly explain persistent differences in college-going rates by geography, income, and other …