Report: Obama student debt-relief payment plan 'windfall' to wealthy borrowersThe Raw Story
Oct. 22, 2012
Black Guy Walks Into Starbucks, Calls Them 'Racist,' Demands Free Coffee, Gets It Immediately
Laura Ingraham Interviews Comedian Who Requested Free Coffee From Starbucks As 'Reparations'
UK Journalist Visits Syria, Local Doc Tells Him Douma Victims Suffered From Oxygen Starvation, Not 'Chem Attack'
Syria Says U.S.-Led Strike Destroyed Pharmaceutical Research Institute Working On Cancer Drugs
David Hogg's Call For Boycott of Investment Giants BlackRock and Vanguard Falls Flat
A new report from the independent think tank the New America Foundation released Tuesday provides a sobering analysis of a much-touted Obama administration plan to offer repayment of student loans adjusted to one’s income. The report found that the debt-relief plan actually offers the “unnecessary” help to higher-income students, while students making less than $25,000 a year will only see their payments shrink “by as little as $5 and not more than $20″ a month.