repayment problems and borrower income. We also identify an important role for student debt, educational attainment, and beliefs … about repayment. The analysis further reveals the importance of intergenerational relationships for repayment. Children … whose parents are able and willing to financially help them out in times of economic stress are much less likely to …

, 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 …