This US News story Obama Sidesteps Congress to Expand Student Loan Repayment Program has a little more depth to it than i have read so far.
As a service to readers of this blog, I’ll quote this one snippet from the article.
Currently, the Pay As You Earn income-based repayment option, which began in December 2012, is not available to students with older loans – those who borrowed before October 2007 or those who have not borrowed since October 2011. But an analysis the Consumer Financial Protection Bureau published in October shows many income-based repayment plans are underutilized: Fewer than 50,000 borrowers were enrolled in the Pay As You Earn program. Experts have said many students don’t enroll in the programs because they are confused about the process or are simply unaware of their options.
If you have a student loan and were not aware of this, then this might be something to investigate. I don’t remember when I paid off my student loans, but it must have been in the 1970s. I don’t know any of the details of the process now.