Press Play with Madeleine Brand
Student Debt
President Obama announced new efforts today to reduce the burden of student debt. He’ll issue an executive order that caps payments to 10 percent of the borrower’s income. But how much will this action help? And with more than one trillion dollars now tied up in student debt, what will this mean for our economy?
By Barbara Bogaev • • 1 min readPresident Obama announced new efforts today to reduce the burden of student debt. He’ll issue an executive order that caps payments to 10 percent of the borrower’s income. But how much will this action help? And with more than one trillion dollars now tied up in student debt, what will this mean for our economy?
