The Office initially contemplated developing A further repayment prepare. Right after contemplating problems in regards to the complexity of the coed loan repayment procedure along with the problems of navigating many IDR programs, we instead decided to reform The existing REPAYE system to supply increased Positive aspects to borrowers. Having said

The Division to begin with contemplated developing another repayment system. Following taking into consideration concerns with regards to the complexity of the scholar loan repayment method plus the worries of navigating numerous IDR programs, we alternatively made a decision to reform the current REPAYE system to deliver increased Gains to borrowe

These commenters mischaracterize the Office's policies. These procedures modify the REPAYE payment plan to better serve borrowers and enable it to be less complicated for them to satisfy their repayment obligation. They do not change the loan to the grant. In area 455 on the HEA, Congress furnished that borrowers who could not repay their loans aro