Pay As You Earn: Obama's Plan to Ease Student Loan Pain

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  • Barack Obama
  • Student Loan Debt
  • Barack Obama
  • Student Loan Debt
  • Intuit and H&R Block
  • Department of Education
  • Barack Obama

The Ten Percent Solution

Obama has proposed to expand the plan that caps loan payments at 10 percent of borrowers' monthly income to include as many as five million who borrowed before October 2007 or not since October 2011. It would go into effect by December 2015.


(Photo: Mandel Ngan/AFP/Getty Images)

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