Posted at 8:45 AM on October 27, 2011
by Jon Gordon
Filed under: Education
Listen to Midmorning at 9 a.m. and join us here for a live online chat about student loans. Feel free to start the discussion before the show.
President Obama has announced a new program to lower monthly payments for students graduating next year and beyond, and let other student borrowers consolidate loans at a lower interest rate. With student loan debt exceeding $1 trillion, and the cost of college continuing its upward trajectory, will that be enough?