Payroll Withholding Offers New Path for Income-Based Repayment by Student Loan Borrowers

Released on Wednesday, the paper, “The Case for Payroll Withholding,” which is co-authored by the New America Foundation, the Young Invincibles organization, and the National Association of Student Financial Aid Administrators, outlines four distinct policy approaches for Income-Based Repayment (IBR) systems. The Bill & Melinda Gates Foundation commissioned and provided grant support for the paper through its Reimagining Aid Design and Delivery (RADD) project.