. This framework demonstrates that non-monetary costs of applying for income-based repayment assistance are critical to … may be inefficient and lead to undesirable redistribution. Empirically, we demonstrate that expanding Canada's income …

have increased. We discuss these trends as well as recent evidence on the extent to which students are able to obtain … student credit arrangements that balance three important objectives: (i) providing credit for students to access college and … outcomes in the form of income-contingent repayments, and (iii) providing incentives for student borrowers to honor their loan …

, 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 …