March 30th, 2010
WASHINGTON — Finalizing two major pieces of his agenda, President Obama on Tuesday sealed his health care overhaul and made the government the primary lender to students by cutting banks out of the process. (more)
March 16th, 2010
Gautham Nagesh with some analysis of the nasty federal takeover of the student loan industry: (more)
January 29th, 2010
President Obama has proposed a new plan to cap student loan payments at 10 percent of the borrower’s discretionary income. Borrowers with incomes below 150 percent of the federal poverty line (or approximately $33,000) would be required to make no payment, and the balance of a borrower’s loan would be forgiven after 20 years for a private-sector worker and 10 years for a government employee. (more)
