President Barack Obama speaks about an executive order that lets millions of college graduates cap their student loan payments at 10 percent of their income, a move he says will help "open the doors of opportunity for all." Obama signed the order on Monday, June 9, 2014, in Washington, D.C.
President Barack Obama speaks about an executive order that lets millions of college graduates cap their student loan payments at 10 percent of their income, a move he says will help "open the doors of opportunity for all." Obama signed the order on Monday, June 9, 2014, in Washington, D.C. MCT
President Barack Obama speaks about an executive order that lets millions of college graduates cap their student loan payments at 10 percent of their income, a move he says will help "open the doors of opportunity for all." Obama signed the order on Monday, June 9, 2014, in Washington, D.C. MCT

Obama orders cap on amounts of student loan payments

June 09, 2014 06:27 PM

UPDATED June 09, 2014 06:29 PM

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