President Obama Announces Executive Action on Student Loans

With the President's jobs bill dead in the Senate, he's been telling audiences about smaller measures he can take on his own. Today, at the University of Colorado's campus in Denver, it was a new program to lower payments on student loans. This, he said, would give students increased economic certainty while giving our economy a must-needed boost. Tamar Lewin is higher education reporter for the New York Times.