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Mr. Gundlach prefers bonds for which repayment is easier to anticipate.
It has recently insisted that they treat so-called restructured assets (loans that have had their terms eased) with the same caution as a non-performing asset (a loan on which repayment has dried up).
Browne will seek to protect the poorest by arguing that the earnings threshold at which repayment should be made should be raised from £15,000 to £21,000 a year.
Ms. Foster has called for a program under which repayment of student loans would be waived for teachers who volunteer to work in low-performing schools and improve that performance.
On Wednesday, the White House unveiled a new tool that shows which repayment options apply to you and how to sign up for them.
They need to know whether their loans accrue interest while in college, whether they grant a grace period after college, what interest rates their lenders charge and which repayment plans they are eligible for.
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Nonperforming loans are defined as those on which repayments are more than three months in arrears.
They pointed to the British model, which has more stringent checks and a minimum repayment formula under which repayments are calculated on the basis of interest, fees and 1% of the principal.
Supporters say that makes Mr. Browne's plans more progressive than the current system, under which repayments begin when income hits £15,000 and part-time students are not covered.
The government has disclosed extra details about its university plans in answers to questions placed on notice at budget estimates hearings, including the effect of reducing the salary level at which repayments must begin by 10%.
If ministers wanted to cut the loan subsidy, the IFS said, they could increase the repayment rate when graduates get jobs; reduce the £21,000-a-year earnings threshold at which repayments start or extend the repayment period beyond the current 30 years, after which unpaid loans are written off.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com