Student Loan IDR Plans Could Cost the Government More tha...

What this episode covers

Kent Smetters, Wharton Professor of Business Economics & Public Policy, joins the show to discuss the costs of student loan forgiveness and income driven repayment, which is designed to cut in half the amount that borrowers pay on a monthly basis, but could increase the amount being forgiven by the federal government. He discusses how a recent Penn Wharton Budget Model report shows IDR plans could cost more than the Department of Education's estimates. Hosted on Acast. See acast.com/privacy for more information.

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Frequently Asked Questions

How long is this episode of This Week in Business?

This episode is 11 minutes long.

When was this This Week in Business episode published?

This episode was published on February 9, 2023.

What is this episode about?

Kent Smetters, Wharton Professor of Business Economics & Public Policy, joins the show to discuss the costs of student loan forgiveness and income driven repayment, which is designed to cut in half the amount that borrowers pay on a monthly basis,...

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