Miluberhane Masho
Date October27, 2011
Page three
By CNN
President Obama has two plans to ease the encumbrance of debt. The first option advance the stare date for a special loan repayment program base of their income. They are many graduates struggling. the student graduate now their payment plan is fifteen present on monthly with date for 25 years, but the congers past the low that from 2014 the loan payment go down o ten percent wound forgive all debt last twenty years .The second option to encourage graduates with two or more kinds of federal loans to consolidate their loans a small interest rate break of 0.5 percent.
I think it is a great idea to help the thousands of student loans. They are about 6 million graduate’s student with loans. The payment reign was very high. The new plan help many people are struggling.
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