Op-Ed Contributor: Don’t Let the G.O.P. Dismantle Obama’s Student Loan Reforms [The New York Times]
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Image The documents of a 29-year-old woman who is trying to manage her student loan debt. Credit Hiroko Masuike/The New York Times By John R. Brooks Mr. Brooks teaches tax law and policy at Georgetown. April 9, 2018 One of the most important — but least known — achievements of the Obama administration was the expansion of the income-driven repayment program for federal student loans. The program aims to make student loan payments affordable for everyone, regardless of their income. But Republicans, in their endless quest to undo everything Mr. Obama did, are now trying to dismantle the program under the guise of reform, citing misleading claims of high costs and low effectiveness. In fact, the program’s costs are low, and the student loan system as a whole is financially self-sustaining. More important, we should be increasing investment in higher education and support for students, not the reverse. Before 2010, private lenders made most student loans. But d
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