MrJim
01-25-2010, 11:48 AM
Obama has proposed (more than once) a cap on student loan payments at 10% of income, after a 'reasonable living allowance' is considered, and a 10-20 year overall limit.
Questions that come to mind first: how will this affect the overall (ridiculous) tuition increases, as well as the stablility of the financial markets - that Big Ben and others have deemed so vital to our economic well-being that it was worth tossing $1 Trillion at?
Or maybe just more political rhetoric that will dissolve after the mid-terms toss democrats out on their asses...
Questions that come to mind first: how will this affect the overall (ridiculous) tuition increases, as well as the stablility of the financial markets - that Big Ben and others have deemed so vital to our economic well-being that it was worth tossing $1 Trillion at?
Or maybe just more political rhetoric that will dissolve after the mid-terms toss democrats out on their asses...