plans, including IBR. However, repayment estimator can only estimate eligibility. To determine that they are eligible, the borrower must contact their loan servicer. The National Student Loan Data System lets a borrower know who is the servicer of their loan. Public Service Loan Forgiveness Program The Public Service Loan Forgiveness Program provides for the forgiveness of certain types of federal student loans after 10 years of qualifying employment and payments. The IBR plan can qualify for the Public Service Loan Forgiveness Program. To receive Public Service Loan Forgiveness, the borrower must repay their loans under one of the "income-driven repayment plans," including IBR. Applying for an income-driven repayment plan To apply for an income-driven repayment plan, a borrower needs to submit the Income-Driven Repayment Plan Request and provide information about family size and income. Tax information, as well as the application itself, and certification of family size, may be provided electronically through StudentLoans.gov. If completing the application electronically, a borrower may transfer tax information into the application directly from the Internal Revenue Service (IRS). According to the application, borrowers may also self-certify if they currently have no income, thus avoiding needing to try and document that they have no income. Because the eligibility criteria are complex, the application allows borrowers to indicate that they want their loan servicer to determine which of the income-driven plans the borrower is eligible for, and to place the borrower on the income-driven plan with the lowest monthly payment amount. Recent announcements On June 9, 2014, President Obama announced that the Department of Education would modify the PAYE Plan so that it is available to all borrowers, regardless of when they borrowed. The new repayment plan, Revised Pay As You Earn, launched on December 17, 2015. The U.S. Department of Education Office of Inspector General recently calculated that the portion of total Direct Loan volume being repaid through IDR plans has increased 625 percent from the FY 2011 loan cohort ($7.1 billion) to the FY 2015 loan cohort ($51.5 billion). For IDR plans, the Federal government is expected to lend more money than borrowers repay. From the FY 2011 through FY 2015 loan cohorts, the total positive subsidy cost (net cash outflow) for student loans being repaid through IDR plans has increased 748 percent%(from $1.4 billion to $11.5 billion) References External links Student Aid Student Loans repayment estimator online The National Student Loan Data System