CBO examines how enrollment in income-driven plans has changed and how those plans will affect the federal budget. CBO projects the costs of two sets of options that would change the availability of such plans or change borrowers’ payments.
Explaining Analytical Methods
In 2016, students pursuing higher education received about $91 billion in financial support from federal spending programs and tax expenditures. This report examines the distribution of that assistance among households, by income group.