student loan

student loan

Government Incompetence Destroys Student Loan Relief Plan

1d ago
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The education department has missed their July 1st deadline to help those with student loans. President Obama has instructed the agency to give relief to those who qualified, but their actions were viewed as misleading and not helpful. John Iadarola and Ana Kasparian (The Point) hosts of The Young Turks discuss. "The U.S. Department of Education is about to miss its July 1 deadline on three key directives from President Barack Obama regarding fair treatment of borrowers struggling with federal student loans. The deadline was set in a March presidential memorandum on the implementation of a "student aid bill of rights." "My administration has already put in place significant protections that ensure borrowers with credit cards and mortgages are treated fairly. We can and should do much more to give students affordable ways to meet their responsibilities and repay their loans," Obama said in March, referencing past rules implemented by federal financial regulators. "Now is the time for stronger protections for the more than 40 million Americans with student loan debt." Read more here: http://www.huffingtonpost.com/2015/07/01/education-department-deadline_n_7707536.html http://www.youtube.com/thinktank http://www.youtube.com/townsquare