Students march on Hollywood Boulevard while protesting the rising costs of student loans for higher education on September 22, 2012 in the Hollywood section of Los Angeles, California.
Students march on Hollywood Boulevard while protesting the rising costs of student loans for higher education on September 22, 2012 in the Hollywood section of Los Angeles, California. - 
Listen To The Story
Marketplace

In 2010, Congress and President Obama made major changes to the income-based repayment program for student loan borrowers. The idea was to lighten the load for people entering an uncertain job market. But today, the nonpartisan New America Foundation is out with a report that suggests the new rules might not benefit the people who are most in need.

Jason Delisle, director of the Federal Education Budget Project at the New America Foundation and co-author of the study, says  Obama's student loan reforms would provide limited relief for low-income borrowers. Rather, it would benefit middle- and high-income borrowers, particlarly those pursuing graduate degrees.

“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VA

As a nonprofit news organization, what matters to us is the same thing that matters to you: being a source for trustworthy, independent news that makes people smarter about business and the economy. So if Marketplace has helped you understand the economy better, make more informed financial decisions or just encouraged you to think differently, we’re asking you to give a little something back.

Become a Marketplace Investor today – in whatever amount is right for you – and keep public service journalism strong. We’re grateful for your support.

Follow Jeff Horwich at @jeffhorwich