Obama's new student debt plan may end up backfiring: Aaron Task

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Obama's new student debt plan may end up backfiring: Aaron Task

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Obama's new student debt plan may end up backfiring: Aaron Task

by DailyTicker 3:21 mins

Obama's new student debt plan may end up backfiring: Aaron Task

by DailyTicker 3:21 mins

President Barack Obama will issue an executive order on Monday directing the secretary of education to ensure that students with federal loans will be able to cap payments at 10% of their monthly income. The order expands previous legislation aimed at making it easier for young Americans to repay student loan debts.

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