Student loan payback gets White House attention
June 13th, 2012
07:25 AM ET
2 years ago

Student loan payback gets White House attention

Washington (CNNMoney) - The deadline for Congress to extend the low 3.2% interest rate on student loans is fast approaching. But the Obama administration, eager to make college debt a re-election issue, is looking for a way to lessen the burden on graduates.

Last week, the White House rolled out a plan to make it easier for graduates to enroll in a special program that caps loan repayment, based on income.

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Filed under: Education
soundoff (One Response)
  1. Gurgyl

    Obama, reduce interest rate for our students, and also Tution too...this lets all to graduate from universities.

    June 13, 2012 08:45 am at 8:45 am |