"The federal government now offers three repayment plans that lower monthly payments and will—eventually—forgive remaining debt.
A separate plan forgives loans for people who take certain public-service jobs.
Some of these options, however, are so new that nobody knows how well they'll serve borrowers.Even when it comes to well-established repayment plans, many students don't truly understand their options.
And some analysts say that policy adjustments are needed to ensure that students don't get too comfortable taking on debt and institutions don't get too comfortable charging high prices.
"A lot of students will take out loans because they hear that if you're in a certain job it gets paid off. "
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