Shout out to President @BarackObama for taking executive action in effort to ease the student loan debt crunch. The president announced today the expansion of 2010’s “Pay as You Earn” program that caps graduates’ repayments at 10% of their monthly discretionary income. The executive order increases eligibility of the program to include those who took out loans before October 2007 or stopped borrowing by October 2011, a move the White House says will expand payment relief to nearly five million people.
Posted on: Mon, 09 Jun 2014 21:23:59 +0000
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