This (income-driven repayment) system ensures that borrowers pay a fair share of their earnings with little friction and ample grace with respect to changes in income.

It’s what IDR ought to look like in the U.S., which is theoretically possible, given that two major federal agencies–the Internal Revenue Service (IRS) and Department of Education are sitting on the data needed to implement such an approach (emphasis on theoretical).

— Dr. Mathieu Despard,
Social Work Associate Professor