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Obama's Student-Debt Plan Offers Limited Relief. (cover story)
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- Author(s): FIELD, KELLY
- Source:
Chronicle of Higher Education. 11/4/2011, Vol. 58 Issue 11, pA1-A23. 2p.
- Subject Terms:
- Additional Information
- Subject Terms:
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- Abstract:
The article overviews a plan by U.S. President Barack Obama to reform college student-loan debt. According to the article, the plan incorporates elements of loan consolidation and alters the structure of income-based loan repayment in an effort to save money for borrowers, while also stimulating the economy. Additionally, a planned increase in student loan interest rates which will be enacted in July 2012 is discussed.
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