Student Loan Forgiveness

The price is skyrocketing education and student debt ballooning, swelling budgets and bank accounts across the country to swallow. The White House acknowledged, however. U. S. President Barack Obama announced today that student loan forgiveness plan so that graduates of the federal student loan payments to 10 percent of disposable income for the CAP, according to the Washington Post. Takes the initiative in January, two years ago the CAP by federal law, so good news for the students to more than 50 colleges and universities in Greater Boston area was.

After completion of the project on student debt in 2009, the average debt of students at the University of Boston, $ 30,998, while the northeast of $ 15,937, $ 15,043 at MIT, Harvard, at $ 10,871 and $ 23,731 at Tufts.

Student Loan Forgiveness