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University of Wisconsin–Madison
Poverty-related issues in the news, from the Institute for Research on Poverty

Student Loan Debt Relief

Student loan relief: Obama’s order caps payments at 10% of income, By Christi Parsons, June 9, 2014, Los Angeles Times: “President Obama on Monday signed an executive order that lets millions of college graduates cap their student loan payments at 10% of their income, a move he says will help ‘open the doors of opportunity for all.’ By amending student loan regulations to put the cap in place, Obama is making use of his executive powers to help alleviate the burden for young Americans increasingly saddled with student loans . . .”