Obama to take action to ease student loan burden (Reuters) – 1113th Edition

26 10 2011

U.S. President Barack Obama walks with San Francisco Mayor Ed Lee upon his arrival in the northern California city October 25, 2011. REUTERS/Jason ReedReuters – President Barack Obama plans to use his executive powers to ease the burden of student loan repayments by allowing loans to be bundled and by accelerating an income-based repayment program, the White House said on Tuesday.

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